Hall Green Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Hall Green Lease Extensions
I want to buy a leasehold property and extend the lease. The flat owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 899 years residual lease term so a lease extension is not a worry. 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 owning the property. Any information would be much appreciated.
I have contacted my freeholder for a lease extension for my flat in Hall Green. His conveyancers has been in contact regarding fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started January 1985.
I plan on buying a flat based in Hall Green. My offer is subject to the lease extension. The owner’s property lawyers has given to the freeholder 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 Birmingham Midshires. Moreover, which are the following lease extension steps to complete the purchase?
I would like to know the likely expense and the best way to get a lease extension started? I have slightly less than 60 years left and I own a maisonette in Hall Green.
We would like to extend our lease. We will have been in the flat for 2 years as of 22nd Feb 2016. It has around 60 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
I am looking to buy a one bed flat in Hall Green for asking price of 156k, which has 58 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
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 am looking to extend the lease on my studio flat in Hall Green I am looking for a local company to calculate the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
I'm looking for some advice with regard to a lease extension on my studio flat in Hall Green. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?