Frequently asked questions relating to Meir Lease Extensions
I'm intending to make an offer on a house in Meir 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 Leeds Building Society giving us the mortgage now?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Meir, and my lease will reach 54 years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
I am about to 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 obtaining a copy of the title I've learnt that it only has 65 years outstanding on the lease. It is also a repo so I'm guessing that the lender will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
I have a share of the freehold. There are four apartments in the building. All the leaseholders are now requiring lease extensions. How long will take to get a lease extension?
We are considering purchasing a one bedroom apartment in Meir which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
We had entered into buying a one bedroom apartment in Meir. I was assured that the lease had been lengthened (56 years left prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The flat owner supposedly has a quote but no finances to extend as a result the flat owner intends to exchange and use the my deposit to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
I intend to buy a one bed flat in Meir for asking price of 145k, which has seventy 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 query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Meir. I would be grateful if you can give me a call when you get a chance to discuss the case.
I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom ground floor purpose built maisonette in Meir
I have a lease of 78 years remaining on my flat in Meir. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?