Holt Lease Extensions Example Support Desk Enquiries
I want to purchase a leasehold property and extend the lease. The vendor has been there over two 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 £215k and we are very interested but we've just found out that it is leasehold. There are 928 years remaining so a lease extension is not an issue. 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.
I am concerned that my daughter is being hoodwinked. She put in an offer on a 2 bed flat in Holt, where the lease is around 56 years but she was told by the selling agents that the owner had extended it to 125 years. Only now has she been advised the owner was holding off for her to retain solicitors prior to commencing with the lease extension. Sounds underhand, also it could take time to sort it all out. Am I reading too much into it?
I am looking to buy a one bed flat in Holt for asking price of 125k, which has 71 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 a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
My husband has a share of freehold, with two other leaseholders in a building in Holt. House converted into three flats. He has a lease, which has around 72 yrs remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
I do not need a lease extension but I do need a vesting order on a property I want to acquire in Holt. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the garden area.
If somebody 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 am the registered freeholder of a couple of flats. Someone has the lease on the garden flat in Holt. I live in the top flat. I was looking at the title deeds yesterday when I noticed that my flat is leasehold. There is seventy one years residual lease term. Is it possible to do a lease extension without instructing a conveyancers?
I'm looking for some assistance with regard to a lease extension on my maisonette. I'll be looking to do this sometime next year as we must 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?
Do you handle lease extensions on land? (a plot of land in Holt with 82yrs remaining)