Headley Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Headley
I want to purchase a leasehold property and lease extension. The homeowner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I inherited a three bed flat based in Headley with a leasehold unexpired of seventy one years. I am enquiring about what I will need to spend to extend my lease term
I own a maisonnette and the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
I plan on buying a flat based in Headley. The offer is subject to the lease extension. The homeowner’s conveyancers 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 Nottingham Building Society. Moreover, which are the following lease extension steps to complete the purchase?
We acquired a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Headley and are therefore considering the option of a vesting order. Is this something you can do for us?
We would like to know the cost of a lease extension valuation for a property based in Headley. Would you be able to help?
I'm living with my parents but have a one bedroom first floor purpose built flat in Headley let out which has a seventy 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 Headley 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?
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
I know that others in the same block previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
I am currently in the process of refinancing my maisonette in Headley and the new lender that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around 73 years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension