Hull North Lease Extension - Your Legal Fees Calculator
Hull North Lease Extensions: Q and A’s
I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Hull North - I wanted to see if with your services it is possible for this to be extended?
We inherited a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Hull North and are therefore thinking about the option of a vesting order. Is this something you can do for us?
I am about to view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 75 years outstanding on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
I am thinking about acquiring an auction property and came upon a one bed flat in Hull North. It has just fifty year lease..the vendor being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Barclays ?
I am looking to buy a one bed flat in Hull North for asking price of 156k, which has 69 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
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 Hull North. I have sixety six years left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
My partner and I have been in discussion with our freeholder after having a valuation on our garden flat in Hull North. We have a 62 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
I own the freehold of a 2 bedroom flat in Hull North. The leaseholders have fivety eight years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
I'm looking for some advice with regard to extending the lease on my maisonette. I'll be looking to do this in nine months time 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. You are able to recommend a good conveyancing practitioners who specialises in lease extensions. Ideally someone in Hull North area?