Recently asked questions relating to Idle Lease Extensions
I invested in buying a garden flat in Idle that I now cannot sell as a result of the lease needing a lease extension. What's your solicitors fee ?
I am going to purchase a flat in Idle. My offer is subject to the lease extension. The flat owner’s conveyancers has given to the freeholder the Notice of Claim. 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 Barnsley Building Society. Moreover, which are the following lease extension steps to complete the purchase?
I am about to view a one bedroom apartment, 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 fivety seven years outstanding on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
I am a freeholder of a block of flats in Idle, and the tenants are in the process of being given lease extensions. I anticipate receiving funds within a month or so. As I am not on self assessment do I contact the tax man ?
Me and my wife are considering buying a one bed flat in Idle which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I am seeking advice as I am interested in a property that has only a 78 year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?
We have been in discussion with our freeholder after having a valuation on our garden flat in Idle. We have a seventy two year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he 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 property lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
My partner and I are buying a maisonette in Idle which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of 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 a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to hold on until the new lease is registered?
Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Idle for a two bed flat - sec 42 is already in place?