Holywell Lease Extension - Your Legal Fees Calculator
Common questions relating to Holywell Lease Extensions
My partner has a flat in Holywell which we are about to put on the market. The leasehold has around seventy years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
I just completed on a property in Holywell and it has approximately sixety seven years remaining. I'd like to arrange a lease extension by twenty years
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I have contacted my freeholder to extend my lease for my flat in Holywell. His conveyancing practitioners has been in contact regarding fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started November 1994.
I plan on buying a flat based in Holywell. My offer is conditional upon a lease extension. The owner’s lawyers 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 Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
The terms for the lease on my apartment in Holywell are 95 years from 14 Dec 1989. Please supply me me a quote for a lease extension if I give you more specifics please?
We have a ground floor flat in Holywell with 78 years remaining. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from nominal to £300 per year..plus a premium I think of approximately 16k. Finally we have decided to proceed but do we now have to start the negotiations again?
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 extending the lease?
I have fivety six years remaining on my lease of a ground floor flat in Holywell, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
We have a maisonette in Holywell with a lease of seventy years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?