Kinver Lease Extension - Your Legal Fees Calculator
Kinver Lease Extensions: Q and A’s
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 own a maisonnette together with the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
I plan on buying a flat based in Kinver. The offer is conditional upon a 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 Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
I am in need of a lease extension for my flat in Kinver and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My brother and I have owned a leasehold flat for around twenty years. It now has fivety five years remaining on the lease. After a year of protracted negotiations through my conveyancing practitioners 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 appreciate some independent thoughts.
I am the freeholder of a Victorian 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 63 years. What are my next steps?
I'm living at mum and dad but have a ground floor flat in Kinver let out which has a 76 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 Kinver 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. Should I keep or sell the flat?
I'm intent on buying a flat in Kinver at a price of £195,000 the flat has something like 64 years unexpired on the lease. My offer was conditional upon a lease extension... .. that was back in September, expecting I'd have completed by now. The seller has just come back saying they'll reduce the price by£8k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
I am the freeholder of a property in Kinver where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor has suggested a much higher amount. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
I am currently in the process of remortgaging my one bedroom apartment in Kinver and the mortgage company that I am looking to switch to requires a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around 77 years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension