Immingham Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Immingham Lease Extensions
I’m about to offer on a garden flat to purchase in the Immingham area and was wondering how much would it cost for a lease extension? It has fivety five years as a balance left...
My wife has an apartment in Immingham which we have just put on the market. The leasehold has just over 72 years outstanding on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Many thanks.
I'm deliberating over buying a one bed flat (leasehold) but the freeholder has been missing for slightly less than 15yrs. My query is would it be less expensive to try to purchase the freehold or to get a lease extension and apply for right to manage?
What will it cost me and what is the best way to get a lease extension started? I have about 76 years unexpired lease on my lease on a garden flat in Immingham. I have emailed the managing agents who represent the head landlord and they provided me with the number of the valuer. I left a phone message for the valuer but I am not receiving any kind of answer.
We are considering buying a three bedroom second floor purpose built flat in Immingham which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
I am looking to buy a one bed flat in Immingham for asking price of 156k, which has 65 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?
We have owned a leasehold flat for about fifteen years. It now has fivety nine years remaining on the lease. Following a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome advice.
I'm living with my parents but have a garden flat in Immingham let out which has a fivety seven year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Immingham for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
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 extending the lease?
Me and my partner are acquiring a one bedroom apartment in Immingham which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our lawyers to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our property lawyers 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 hold on until the lease extension has actually been registered before completing.?