Gainsborough Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Gainsborough Lease Extensions
My partner has an apartment based in Gainsborough which we have just put on the market. The leasehold has nearon 70 years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Many thanks.
I'm about to make an offer on a house in Gainsborough but I'm concerned 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 Barclays giving us the mortgage now?
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 64 years left.
We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.
I have contacted my freeholder to extend my lease for my flat in Gainsborough. Her solicitors has been in contact with fees etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started June 1994.
My wife and I have a GFF based in Gainsborough. There is 80 years remaining on the lease and we want to extend the lease. What does it cost on average to extend in this area by, say,35 years
My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I'm living at mother and father but have a garden flat in Gainsborough let out which has a 76 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 Gainsborough 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?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Gainsborough
Do you handle lease extensions on land? (a plot of land in Gainsborough with 82yrs remaining)