Lifton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Lifton Lease Extensions
My wife and I are thinking about a lease extension for our flat located in Lifton and we don't fully comprehend the letter that we received from our freehold company. What's your legal fee?
I purchased a property in Lifton and it has just over sixety nine years residual lease term. I'd like to arrange a lease extension by twenty years
I am considering whether to purchase the freehold or a lease extension of my property in Lifton and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with Lloyds TSB Bank to free up equity. The broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease began in 1991 and since then the ground rent has been raised from £25.00 per annum to £100 per annum.
I am a landlord of a block of flats in Lifton, and the tenants are in the process of being issued lease extensions. I should hopefully get the money next month. As I am not on self assessment do I get in touch with the Inland Revenue ?
We have a ground floor flat in Lifton with 67 years to run. Ten months ago we were quoted a deal to grant a lease extension for another 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 14k. We have now decided to proceed but do we now have to renegotiate?
We are considering purchasing a ground floor flat in Lifton which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
I intend to buy a one bed flat in Lifton for asking price of 125k, which has sixety 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 query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
Me and my OH are buying a 2 bed flat in Lifton which has share of freehold and a leasehold. The lease was on the short side so the owner commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our lawyers to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must be patient until the new lease is registered?
My mum knows that others in the same block previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
Do you handle lease extensions on land? (a plot of land in Lifton with 82yrs remaining)