I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 58 years outstanding.
We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 798 years balance left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any feedback would be much appreciated.
I have been in touch with my freeholder for a lease extension for my flat in Liss. His lawyers has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started Septembmer 199.
We bought a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Liss and are therefore deliberating the option of a vesting order. Is this something you can do for us?
How much will I need to spend and what is the best way to get a lease extension started? I have around sixety three years unexpired lease on my lease on a ground floor flat in Liss. I have emailed the managing agents who represent the landlord and they sent me the number of the surveyor. I have contacted the valuer but I am not getting any calls back.
My husband and I have a one bedroom flat based in Liss. There is eighty years remaining on the lease and we want to extend the lease. What does it cost on average to get a lease extension by, say,45 years
I would like some advice on purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Liss area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
I'm looking at acquiring an apartment in Liss valued at £256,000 the flat has just under sixety two 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. They have just informed the agent they'll knock £5k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
Me and my OH are are hoping to complete on a garden flat in Liss which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our property lawyers to do OS1 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 property title number has not been issued. Is it right that we must wait until the lease extension has actually been registered before completing.?
We currently own a one bedroom apartment in Liss and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 78 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?