Longford Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Longford Lease Extensions
20,000 agreed with the landlord’s agents, just seeking to find a Longford conveyancers for a lease extension. Our flat has nearon 58 yrsoutstanding. How long will this take ?
I'm about to make an offer on a house in Longford 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 The Royal Bank of Scotland giving us the mortgage now?
I am the owner of a maisonnette and the freehold of both flats. The owners of the upstairs flat have asked for a lease extension what do I need to do?
I am considering buying an auction property and came upon a one bed flat in Longford. It only has a 48 year lease..the vendor as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Coventry Building Society?
My property lawyers (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?
If somebody owns a flat with a lease of less than 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 extending the lease?
I have a freehold of a 2 bedroom flat in Longford. The leaseholders have 68 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
My brother and I are hoping to buy a property (a ground floor flat based inLongford with share of freehold). During our search, we were always looking at apartments that had a minimum ninety years unexpired. We identified a place we fell in love with and the estate agent assured that the lease term was not an issue. This morning our conveyancers informed us the lease only has fivety four years and thus needs a lease extension. Should we walk away, or do we negotiate our offer?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Longford
We have a studio flat in Longford with a lease of sixety years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?