Mexborough Lease Extension - Your Legal Fees Calculator
FAQs concerning Mexborough Lease Extensions
My partner agreed with the freeholder to a lease extension on our flat located in Mexborough, 8k for an additional 90yrs. Can you please guide us with this situation ?
I bought a flat in Mexborough with a leasehold unexpired just over 70 years and need a lease extension. Please can you clarify the next stages
I am going to purchase a flat in Mexborough. My offer is subject to the lease extension. The flat owner’s conveyancers has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Halifax. Moreover, which are the following lease extension steps to complete the purchase?
I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been absent for circa 15yrs. My question is would it be cheaper to try to purchase the reversionary title or to extend lease and apply for right to manage?
I am a landlord of a block of flats in Mexborough, and the tenants are in the process of being issued lease extensions. I should hopefully get funds next month. Are there any tax implications, the property is in joint names with my partner ?
My brother and I are proceeding with buying a studio flat in Mexborough. I was told that the lease had been extended (fivety nine years unexpired lease 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 current owner supposedly has a quote but no money to extend and consequently the homeowner intends to exchange and use the my deposit for the lease extension. My question is why has this only just been brought to my attention by my lawyers?
My property lawyers (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?
My father has a share of freehold, with two other leaseholders in a building in Mexborough. House converted into three apartments. He has a lease, which has slightly less than sixety one yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
I'm living at mum and dad but have a three bedroom ground floor purpose built flat in Mexborough let out which has a seventy eight year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Mexborough for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
Do you handle lease extensions on land? (a plot of land in Mexborough with 82yrs remaining)