Hambleton Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Hambleton
I'm planning on purchasing a one bedroom first floor purpose built flat (leasehold) but the freeholder has been absent for about 15yrs. My query is would it be less expensive to try to purchase the reversionary title or to get a lease extension and apply for RTM?
We own a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Hambleton and are therefore considering the option of a vesting order. Is this something you can do for us?
I need to talk to you about an apartment in Hambleton, I am considering buying at auction next month. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
I'm looking for an apartment to buy in Hambleton and I'm not really familiar with the leasehold arrangement. I've found a 2 bed flat I like with a 82 years lease. My research reveals that I can go for a lease extension after a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender Accord Mortgages Ltd?
I have my suspicions that my niece might have had the wool pulled over her eyes. She submitted an offer on a ground floor flat in Hambleton, where the lease is circa 64 years but she was told by the selling agents that the homeowner had extended it to 99 years. She has now been advised the vendor was waiting for her to instruct lawyers prior to commencing with the lease extension. Sounds unscrupulous, also it will take a while to sort it all out. Am I reading too much into it?
My husband and I have a leasehold flat in Hambleton with seventy four years remaining. Ten months ago we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 10k. Finally we have decided to proceed but do we now have to renegotiate?
I an interested in finding out more about leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Hambleton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
I'm looking for some assistance with regard to a lease extension on my apartment. The plan is to do this in six months time as we have to move 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 LVT route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
We know that others in the same block had already had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?
I am currently negotiating a lease extension for my flat in Hambleton as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?