Examples of recent questions relating to Lease Extensions in Hove
Possibly made a mistake, I am actually looking for a property lawyers in Hove who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
Is it possible to talk with you about a flat in Hove, I am considering bidding at auction next month. The flat only has a few years left and I am curious about how much it would cost to get a lease extension and for your services.
I am considering whether to purchase the freehold or a lease extension of my property in Hove and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Santander to free up equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease began in 1981 and since then the ground rent has been raised from £15.00 per year to £300 per year.
Are you able to advise on how much it would expense and the best way to start the lease extension process? I have slightly less than fivety eight years outstanding and I own a one bedroom apartment in Hove.
My mortgage lender requires a £500 fee for their lawyers to approve the lease extension deed for my flat in Hove... I can find no reference of this in my mortgage contract... is this a usual charge?
We have a GFF based in Hove. There is 81 years unexpired on the lease and we want a lease extension. What will it likely cost to extend in this area by, say,25 years
My property lawyers (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?
Just been over 2 years that I have owned my garden flat in Hove. I have 67 years unexpired lease on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 425k. 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 financing - do they add it to their existing mortgage or pay it out in cash?
I am currently negotiating a lease extension for my flat in Hove as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Hove