Gravesend Lease Extension - Your Legal Fees Calculator
Sample questions relating to Gravesend Lease Extensions
My wife has an apartment in Gravesend which we have just put on the market. The leasehold has slightly less than seventy four years outstanding on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Thank you.
I'm intending to make an offer on a house in Gravesend 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 Godiva Mortgages Ltd giving us the mortgage now?
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 own a maisonnette together with the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
I am looking to either purchase the freehold or a lease extension of my property in Gravesend and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Birmingham Midshires to free up equity. My adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has increased from £38.00 per annum to £100 per year.
How much will I need to spend and what is the best way to start the lease extension process? I have roughly sixety five years unexpired lease on my lease on a garden flat in Gravesend. I have emailed the agent who represent the freeholder and they provided me with the number for the surveyor. I left a phone message for the surveyor but I am not getting any calls back.
I'm living with my mum and dad but have a ground floor flat in Gravesend let out which has a 58 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 Gravesend 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. Should I keep or sell the flat?
Me and my husband are are hoping to complete on a garden flat in Gravesend which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The seller has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our property lawyers to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to wait until the new lease is registered?
We know that others in the same block had already had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?
Do you handle lease extensions on land? (a plot of land in Gravesend with 82yrs remaining)