Middleton St George Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Middleton St George Lease Extensions
Hello, I just randomly found this site. I'm looking for prices on what it cost to extend a lease of a maisonette based in Middleton St George. It's on sale at the moment but has nearly sixety five years unexpired lease on the lease
I have got a leasehold flat in the Middleton St George area and was enquiring whether I could obtain a lease extension. What are your processes and charges. There are seventy three years unexpired
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 72 years unexpired.
I plan on buying a flat based in Middleton St George. The offer is subject to the lease extension. The vendor’s property lawyers has given to the freeholder the Notice of Claim. 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 Accord Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
I'm looking for a flat to purchase in Middleton St George and I'm not really familiar with the leasehold arrangement. I've identified a garden flat I like with a 91 years lease. My research reveals that I can get a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
I am about to view a two bedroom apartment, 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 67 years residual lease term on the lease. It is also a repo so I'm guessing that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
My partner and I have a residential flat in Middleton St George with sixety six years unexpired. Ten months ago we were quoted a deal to grant a lease extension for another thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 10k. We have now decided to move forward but do we now have to start the negotiations again?
My wife and I had entered into a purchase of a ground floor flat in Middleton St George. I was told that the lease had been lengthened (68 years outstanding prior to extension). The sales particulars stated "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 supposedly has a quote but no money to extend and consequently the flat owner wishes to exchange and use the 10% deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
Just been over 2 years that I have been in my studio flat in Middleton St George. I have seventy nine years unexpired lease on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
I'm looking for some advice with regard to a lease extension on my three bed flat in Middleton St George. 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 lawyers who specialises in lease extensions?