Gamlingay Lease Extension - Your Legal Fees Calculator
Common questions relating to Gamlingay Lease Extensions
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am going to purchase a flat in Gamlingay. The offer is conditional upon a lease extension. The seller’s lawyers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Halifax. Moreover, which are the following lease extension steps to complete the purchase?
Think I may have made a mistake, I am actually looking for a lawyers in Gamlingay who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
My lawyers (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 would like some advice on purchasing a leasehold residence. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Gamlingay area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
My brother and I have been in discussion with our freeholder after having a valuation on our studio flat in Gamlingay. We have a 79 year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
Me and my OH are in the throws of buying a flat (a ground floor flat inGamlingay with share of freehold). Throughout our search, we were always looking at flats that had a minimum eighty five years left. We came across a place we liked and the estate agent promised us that the lease term was not an issue. Yesterday our property lawyers informed us the lease only has seventy five years and therefore needs a lease extension. Should we walk away, or should we negotiate our offer?
I own the freehold of a couple of flats. Someone has the lease on the ground flat in Gamlingay. I reside in the upper flat. I was reviewing the title deeds yesterday when I noticed that my flat has a lease on it. There is 72 years left. Is it possible to do a lease extension without using a conveyancing practitioners?
I am the freeholder of a property in Gamlingay and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
Do you handle lease extensions on land? (a plot of land in Gamlingay with 82yrs remaining)