Longhope Lease Extension - Your Legal Fees Calculator
FAQs concerning Longhope Lease Extensions
Hello, I stumbled across your website. I'm seeking prices on what a lease extension will cost for a one bedroom apartment located in Longhope. It's on the market at the moment but has circa 56 years left on the lease
I'm intending to make an offer on a house in Longhope but I'm concerned 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 Godiva Mortgages Ltd giving us the mortgage now?
I invested in buying a maisonette in Longhope with a leasehold unexpired of 65 years. I am curious about how much I will need to spend to extend my leasehold
We wish to extend our lease having owned the place for 2 years as of 6th March 2016. It has roughly 66 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
I am looking to buy a one bed flat in Longhope for asking price of 145k, which has sixety eight years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
Me and my sister are hoping to buy a property (a garden flat inLonghope with share of freehold). During our search, we were always looking at flats that had at least 83 years remaining. We came across a place we fell in love with and the estate agent assured that the lease term was not an issue. Today our solicitors informed us the lease only has sixety one years and therefore needs a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Longhope. I live in the top flat. I was reviewing the title deeds today when I noticed that my flat is leasehold. There is 72 years unexpired. If I want a lease extension then would I simply be paying for the conveyancers fees?
My father knows that others in the same block previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?
I am currently in the process of refinancing my one bed flat in Longhope and the next lender that I am looking to switch to requires at least 80 years remaining on the lease in order for them to progress matters. I have found that I currently have around 54 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
I am currently negotiating a lease extension for my flat in Longhope 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?