Recently asked questions relating to Hope Lease Extensions
So this is the scenario: I bought a garden flat in Hope that I am now unable to sell due to the lease requiring a lease extension. What's your solicitors fee ?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Hope, and my lease will reach 66 years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
The intention is to sell our GFF in Hope but we may need a lease extension, or possibly cover the costs of our buyers. Can you suggest a solicitors to help us?
I an interested in finding out more about purchasing a leasehold residence. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Hope area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
Me and my husband would like to know the cost of a lease extension valuation for a property based in Hope. Is this something you can help us with?
Coming up to two years that I have owned my ground floor flat in Hope. I have 62 yrs unexpired lease on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
I'm looking at purchasing a flat in Hope at a price of £256,000 the flat has approximately sixety seven years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in June, hoping I'd have moved in by Christmas. They have just come back saying that they are prepared to knock £4k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
Me and my sister are hoping to buy a flat (a maisonette located inHope with share of freehold). During our search, we were always looking at apartments that had at least 83 years balance left. We identified a apartment we liked and the selling agent promised us that the lease term was not an issue. Today our conveyancers told us the lease only has fivety seven years and therefore needs a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I require an estimate to extend my mum’s lease on a garden flat in Hope. She recently got a price from the freeholder for a lease extension but I am unclear whether it is too expensive.
We have a studio flat in Hope with a lease of 71 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?