Leatherhead Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Leatherhead
I bought a flat in Leatherhead with a leasehold unexpired roughly 60 years and need a lease extension. Please can you advise me of the next stages
I'm intending to make an offer on a house in Leatherhead but I'm a little worried 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 Platform Home Loans Ltd giving us the mortgage now?
I want to buy a leasehold property and lease extension. The flat owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
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 my suspicions that my daughter might be having the wool pulled over her eyes. She submitted an offer on a one bedroom apartment in Leatherhead, where the lease is nearon 67 years but she was informed by the estate agents that the owner had extended it to 99 years. She has now been told the current owner was holding off for her to instruct lawyers ahead of instigating the lease extension. Sounds odd to me, also it will take a while to sort it all out. Am I reading too much into it?
I am considering acquiring an auction property and identified a two bed flat in Leatherhead. It has just 50 year lease..the seller being mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Skipton Building Society?
We would like to know the cost of a lease extension valuation for a property based in Leatherhead. Would you be able to help?
If a leaseholder 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 doing it?
Me and my fiance are hoping to purchase a property (a garden flat inLeatherhead with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years left on the lease. We identified a apartment we liked and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our conveyancers told us the lease only has 70 years and thus requires a lease extension. Do we run away, or should 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 currently in the process of remortgaging my one bedroom apartment in Leatherhead and the mortgage company that I am looking to switch to needs a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 59 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process