Montacute Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Montacute Lease Extensions
I purchased a flat in Montacute with a leasehold unexpired circa 68 years and need to extend it. Please can you clarify the next steps
Do you only do lease extensions in Montacute? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a solicitors.
I would like to have my residential flat leasehold extension premium valued. The flat is in Montacute, and my lease will reach sixety eight years this May. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
I have contacted my freeholder for a lease extension for my flat in Montacute. His conveyancing practitioners has been in contact with charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started January 1985.
My neighbours and I are in a block containing four flats in Montacute and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am thinking about whether to purchase the freehold or a lease extension of my property in Montacute and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Yorkshire Building Society to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1981 and since then the ground rent has been raised from £38.00 per year to £125 per annum.
I have my suspicions that my daughter is being hoodwinked. She put in an offer on a maisonette in Montacute, where the lease is around seventy two years but she was told by the estate agents that the seller had extended it to 125 years. Only now has she been told the homeowner was waiting for her to instruct lawyers prior to commencing with the lease extension. Seems odd to me, also it could take months to sort it all out. Am I reading too much into it?
Just been over two years that I have owned my one bedroom apartment in Montacute. I have 62 years unexpired lease on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Montacute based conveyancing practitioners or any will do fine?
Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Montacute. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
My wife and I are are hoping to complete on a one bedroom apartment in Montacute which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our conveyancers to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to be patient pending registration of the new lease?