Killingworth Lease Extension - Your Legal Fees Calculator
Questions and Answers: Killingworth Lease Extensions
I’m thinking about a lease extension for our leasehold house located in Killingworth and we don't fully comprehend the communication that we got from our landlord company. How long will it take?
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety six years outstanding.
We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any feedback would be much appreciated.
Are you able to advise on how much it would charges and the best way to get a lease extension started? I have just under 55 years left and I own a ground floor flat in Killingworth.
We are proceeding with buying a one bedroom ground floor purpose built maisonette in Killingworth. I was advised by the EA that the lease extension had already been completed while on a viewing (seventy seven years unexpired lease prior to extension). The sales particulars stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The seller apparently has a quote but no funds to extend and consequently the vendor wants to exchange and use the deposit monies for the lease extension. My question is is it not odd that my conveyancers didn't spot this far earlier than just before exchange?
I am looking to buy a one bed flat in Killingworth for asking price of 145k, which has 77 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 landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety five years. I need a solicitors at my end. Can you advise please? I live near Killingworth and have a mortgage with TSB.
I have 70 years remaining on my lease of a ground floor flat in Killingworth, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
I have a lease of 57 years remaining on my flat in Killingworth. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
I'm looking for some advice with regard to a lease extension on my studio flat in Killingworth. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good property lawyers who specialises in lease extensions?