Merriott Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Merriott Lease Extensions
I'm planning to make an offer on a house in Merriott 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 Britannia giving us the mortgage now?
We hope to sell our three bedroom second floor purpose built maisonette in Merriott but we may require a lease extension, or at least cover the expense of our purchaser. Are you able to help me find someone to handle this?
I'm looking for a flat to purchase in Merriott and I'm not really familiar with the leasehold arrangement. I've found a studio flat I like with a 91 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with the mortgage?
I am a first time buyer of a leasehold flat in Merriott. The lease has only 65 years left and ground rent is £75. Is it possible for the owner to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the two 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 may be possible but will it be very time costly to the flat owner? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.
My mortgage provider requires a £600 fee for their solicitors to agree a lease extension for my flat in Merriott... I can find no reference of this in my mortgage guide... is this a normal cost that they charge?
I am a landlord of a block of flats in Merriott, and the lessees are in the process of being granted lease extensions. I should hopefully get the money next month. Are there any tax implications, the property is co-owned with my husband ?
I am seeking advice as I am interested in a property that has only a 56 year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?
My brother and I would like to know the cost of a lease extension valuation for a property based in Merriott. Is this something you can help us with?
We have been in discussion with our freeholder after having a valuation on our maisonette in Merriott. We have a 68 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
We are hoping to acquire a home (a studio flat inMerriott with share of freehold). During our search, we were always looking at properties that had at least ninety years unexpired. We identified a apartment we liked and the estate agent assured that the lease term was not an issue. This morning our property lawyers advised us the lease only has 68 years and therefore needs a lease extension. Do we run away, or should 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?