Markfield Lease Extension - Your Legal Fees Calculator
Questions and Answers: Markfield Lease Extensions
I have shares in the freehold of buildings comprising of seven flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the the process
I need to negotiate a lease extension for a flat in Markfield and want to use a local conveyancers. Are you able to help me find a solicitors?
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 outstanding so a lease extension is not a concern. 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 correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any guidance would be much appreciated.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
The intention is to sell our two bedroom first floor purpose built maisonette in Markfield but we may need to extend the lease, or at least cover the costs of our purchaser. Are you able to help me find someone to assist?
I'm planning on buying a two bedroom first floor purpose built flat (leasehold) but the freeholder has been missing for around 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to get a lease extension and apply for right to manage?
I am a landlord of a block of flats in Markfield, and the leaseholders are in the process of being given lease extensions. I anticipate receiving the money within a month or so. Are there any tax implications, the property is co-owned with my wife ?
Re a leasehold in Markfield. lower maisonette. 61 yrs remaining. I have an agreed lease extension to £20k for 135yrs. Landlord also insisted on Notice of Claim which I think is a tad over the top. Can you assist.
My brother and I are proceeding with buying a ground floor flat in Markfield. I was advised by the EA that the lease extension had already been completed while on a viewing (sixety six years outstanding prior to extension). The description on the listing said "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The flat owner apparently has a quote but no funds to extend as a result the current owner wants to exchange and use the deposit monies to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bed flat in Markfield