Hopton Lease Extension - Your Legal Fees Calculator
Hopton Lease Extensions Example Support Desk Enquiries
We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years balance left 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 25 years without the house being ours. Any feedback would be much appreciated.
I'm deliberating over buying a one bedroom apartment (leasehold) but the landlord has been missing for just over 15yrs. I wonder whether it will be cheaper to try to purchase the reversionary title or to extend lease and apply for right to manage?
Possibly made a mistake, I am seeking a conveyancers in Hopton who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
We are proceeding with buying a studio flat in Hopton. I was advised by the EA that the lease extension had already been completed while on a viewing (59 years remaining prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The vendor supposedly has a quote but no finances to extend and consequently the homeowner intends to exchange and use the 10% deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
I intend to buy a one bed flat in Hopton for asking price of 125k, which has 70 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 query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I own a purpose-built flat based in a small block in Hopton. The leasehold interest in the apartment on a 101 year lease which commenced on 2nd March 1980 with a non-reviewable ground rent of £15 per annum. I would like to obtain a lease extension. Can I talk with someone to go through my options please?
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?
My partner and I are buying a studio flat in Hopton which has share of freehold and a leasehold. The lease was on the short side so the owner commenced dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our conveyancing practitioners to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
I own the freehold reversion of a property in Hopton and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has increased this by £2,000 without too much effort. My surveyor has suggested a much higher premium. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
I'm looking for some advice with regard to a lease extension on my maisonette in Hopton. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good solicitors who specialises in lease extensions?