Market Bosworth Lease Extension - Your Legal Fees Calculator
Market Bosworth Lease Extensions: Q and A’s
I inherited a flat in Market Bosworth with a leasehold unexpired nearon fivety five years and need to extend it. Please can you advise me of the next steps
We are the registered owners of a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Market Bosworth and looking to do a vesting order. Is this something you can do for us?
I am a first time buyer of a leasehold flat in Market Bosworth. The lease has only sixety six years left and ground rent is £75. Is it possible for the vendor to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? To add to the complexity the landlord can not be found, so I am not sure how does it work.
I own a share of the freehold. There are five apartments in the house. All the leaseholders are now seeking lease extensions. What's your solicitors fee?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My conveyancing practitioners (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'm intent on buying an apartment in Market Bosworth at a price of £210,000 the flat has something like 60 years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in September, hoping I'd have moved in by Christmas. They have just informed me that they are prepared to knock £5k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
I'm seeking some advice concerning extending the lease on my apartment. I'll be looking to do this in nine months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
I'm looking for some advice with regard to a lease extension on my three bed flat in Market Bosworth. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good conveyancers who specialises in lease extensions?