Heathfield Lease Extension - Your Legal Fees Calculator
Heathfield Lease Extensions Example Support Desk Enquiries
I need to extend my current lease can you assist? I think it has sixety four years outstanding
We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 928 years unexpired so a lease extension is not required. 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 25 years without owning the property. Any advice would be much appreciated.
I am the owner of a maisonnette and the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
I am going to purchase a flat based in Heathfield. The offer is conditional upon a lease extension. The flat owner’s conveyancing practitioners 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 Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?
I'm looking for a flat to purchase in Heathfield and I'm not really familiar with the leasehold arrangement. I've identified a garden flat I like with a 87 years lease. My research reveals that I can get a lease extension after 2 years, but:- Is this a given?
My solicitors (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?
If a leaseholder owns a flat with a lease of less than 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 note that your website states the likely fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my maisonette in Heathfield
Me and my partner are hoping to acquire a property (a garden flat located inHeathfield with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years outstanding. We came across a place we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our solicitors told us the lease only has 58 years and therefore needs a lease extension. Should we walk away, or do we reduce our offer?
I have a lease of seventy seven years remaining on my flat in Heathfield. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?