Immingham Lease Extension - Your Legal Fees Calculator
Immingham Lease Extensions: Q and A’s
I agreed with the landlord to a lease extension on our flat located in Immingham, 20k for another 90yrs. Can you please assist us with this situation ?
I am interested in getting a lease extension for a flat in Immingham and want to use a local property lawyers. Is there a solicitors that you can recommend?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I have contacted my freeholder for a lease extension for my flat in Immingham. Her lawyers has been in contact regarding charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started February 1985.
Me and my husband have owned a leasehold flat for about eighteen years. It now has sixety four years remaining on the lease. After a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome advice.
I am the freeholder of a Edwardian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 64 years. What are my next steps?
We are purchasing a garden flat in Immingham which has share of freehold and a leasehold. The lease was on the short side so the seller commenced extending the lease. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our solicitors to do OS1 search on the lease. The concern 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 is not known. Is it correct that we must hold on until the new lease is registered?
My brother and I are hoping to acquire a home (a garden flat inImmingham with share of freehold). Throughout our search, we were always looking at properties that had a minimum 84 years unexpired. We identified a apartment we liked and the estate agent promised us that the lease term was not an issue. Yesterday our property lawyers advised us the lease only has 63 years and thus needs a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I am the freeholder of a property in Immingham where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this to £10,000 without too much effort. My surveyor has come back with £12,520. 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 deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
I am currently negotiating a lease extension for my flat in Immingham 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?