Freshwater Lease Extension - Your Legal Fees Calculator
FAQs concerning Freshwater Lease Extensions
I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leaseholders want to extend their leases and I'm curious about the the process
I'm planning to make an offer on a house in Freshwater but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Lloyds TSB Bank giving us the mortgage now?
I am looking for a conveyancing practitioners in Freshwater and they need to be on the The Mortgage Works approved conveyancers panel as we need a lease extension and refinance simultaneously. Are you able to recommend a solicitors ?
I own a maisonnette together with the freehold title. My downstairs neighbours have asked to extend the lease what do I need to do?
I'm planning on purchasing a studio flat (leasehold) but the freeholder has been absent for about 15yrs. My question is would it be cheaper to try to acquire the freehold or to get a lease extension and apply for right to manage?
I am concerned that my niece is being hoodwinked. She submitted an offer on a maisonette in Freshwater, where the lease is just over 77 years but she was told by the estate agents that the seller had extended it to 99 years. She has now been told the homeowner was waiting for her to instruct lawyers ahead of instigating the lease extension. Sounds odd to me, also it may take months to sort it all out. What do you think?
My partner and I have a leasehold flat in Freshwater with 78 years remaining. Ten months ago we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from notional to £200 per year..plus a premium I think of about 9k. Finally we have decided to proceed but do we now have to start the negotiations again?
We are considering buying a one bedroom second floor purpose built flat in Freshwater which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
I'm living with my parents but have a garden flat in Freshwater let out which has a 67 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Freshwater for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
I have 57 years remaining on my lease of a ground floor flat in Freshwater, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable