Herne Bay Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Herne Bay Lease Extensions
I have shares in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm curious about the the process
I am looking for a lawyers in Herne Bay and they need to be on the Aldermore approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend a conveyancing practitioners ?
I plan on buying a flat in Herne Bay. The offer is subject to the lease extension. The current owner’s solicitors has given to the freeholder the Notice of Claim. 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 Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
We are in a block comprising five flats in Herne Bay and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
In 2012 I purchased a leasehold apartment in Herne Bay. I have built a large extension and have not informed my freeholder. What are my options?
I am a landlord of a block of flats in Herne Bay, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I contact the tax man ?
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?
I note that your website states the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Herne Bay
I'm looking at buying an apartment in Herne Bay at a price of £195,000 the flat has approaching 61 years remaining on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, expecting I'd be in before Christmas. They have just informed the agent they'll reduce the price by£2k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
We are purchasing a three bed flat in Herne Bay which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of extending the lease. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our lawyers to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must hold on pending registration of the new lease?