Ladywell Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Ladywell
I’m about to offer on a maisonette to buy in the Ladywell area and was curious how much would it cost for a lease extension? It has sixety six years remaining...
I'm planning to make an offer on a house in Ladywell but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Birmingham Midshires giving us the mortgage now?
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 would like to have my residential flat leasehold extension premium valued. The flat is in Ladywell, and my lease will reach 77 years this July. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
I have been in touch with my freeholder to extend my lease for my flat in Ladywell. His conveyancers has been in contact with costs 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 October 1984.
I am looking at acquiring an auction property and found a studio flat in Ladywell. It has just 50 year lease..the vendor being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and reduced chance of getting a mortgage with Accord Mortgages Ltd?
We have a leasehold flat in Ladywell with 72 years left. Ten months ago we were quoted a deal to have a lease extension for a further 25 years but also increase ground rent from notional to £250 per year..plus a premium I think of about 9k. We have now decided to move forward but do we now have to renegotiate?
I am the freeholder of a Edwardian property split into two apartments. 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 61 years. What are my next steps?
Me and my sister are in the throws of buying a property (a three bedroom ground floor purpose built flat inLadywell with share of freehold). During our search, we were always looking at flats that had at least 83 years balance left. We identified a flat we liked and the selling agent promised us that the lease term was not an issue. Today our lawyers advised us the lease only has 74 years and therefore requires a lease extension. Should we walk away, or should we negotiate our offer?
I know that others in the same block had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on previous prices . This would save on double valuation charges. Would you suggest such a course of action?