Long Stratton Lease Extension - Your Legal Fees Calculator
FAQs concerning Long Stratton Lease Extensions
Hi. I need a property lawyers to have a look at my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
I will soon view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 59 years outstanding on the lease. It is also a repo so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
I am a FTB of a leasehold flat in Long Stratton. The lease has only seventy years unexpired and ground rent is £95. Is it possible for the current owner to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the owner? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a one bedroom apartment in Long Stratton, where the lease is approximately 74 years but she was told by the estate agents that the homeowner had extended it to 125 years. Only now has she been told the flat owner was holding off for her to retain solicitors ahead of instigating the lease extension. Sounds unscrupulous, also it could take time to sort it all out. Am I reading too much into it?
My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
My son has a share of freehold, with two other leaseholders in a building in Long Stratton. House divided into three flats. He has a lease, which has circa 61 yrs outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
Just a quick one, how much does it cost for a lease extension on a residential property in Long Stratton for a two bed flat - section 42 is already served?
I am the registered freeholder of a couple of flats. Someone has the lease on the garden flat in Long Stratton. I occupy in the top flat. I was reviewing the title deeds recently when I noticed that my flat is leasehold. There is seventy seven years left on the lease. If I want a lease extension then would I just be paying for the solicitors charges?
Are you able to provide an estimate to extend my aunt’s lease on a three bedroom second floor purpose built maisonette in Long Stratton. She already has a price from the freeholder for a lease extension but I am far from certain if it is too expensive.
I am planning on refinancing my maisonette in Long Stratton and the next lender that I am looking to move to needs a minimum 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 54 years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension