Limehouse Lease Extension - Your Legal Fees Calculator
Common questions relating to Limehouse Lease Extensions
I purchased a flat in Limehouse with a leasehold unexpired circa sixety five years and need a lease extension. Please can you advise me of the next steps
I am looking for a property lawyers in Limehouse and they should be on the Norwich and Peterborough Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?
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 invested in buying a one bedroom ground floor purpose built maisonette in Limehouse. I am looking to extend lease on the property. It is nearon eighty one years. I would just like to know what your charges are and how long it would take for completion.
I am looking to either purchase the freehold or a lease extension of my property in Limehouse and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with HSBC Bank to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per annum to £300 per annum.
I'm looking for an apartment to buy in Limehouse and I'm not really familiar with the leasehold concept. I've found a maisonette I like with a 91 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
We have a first floor flat in Limehouse with 75 years remaining. Last year we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 10k. We have now decided to move forward but do we now have to renegotiate?
We are acquiring a three bedroom second floor purpose built flat in Limehouse which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our lawyers to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must be patient pending registration of the new lease?
I am currently negotiating a lease extension for my flat in Limehouse as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Limehouse