Morganstown Lease Extension - Your Legal Fees Calculator
Morganstown Lease Extensions: Q and A’s
I own a maisonnette and the freehold title. My downstairs neighbours have asked to extend the lease what do I need to do?
I inherited a maisonette in Morganstown. I am looking to extend lease on the property. It is just under 80 years. I would just like to know what your charges are and how long the process takes.
I am a first time buyer of a leasehold flat in Morganstown. The lease has just 78 years unexpired and ground rent is £95. Is it possible for the owner to serve the Initial Notice 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 2 year requisite 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.
I am thinking about bidding for an auction property and identified a one bed flat in Morganstown. It only has a fifty-one year lease..the seller as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of getting a mortgage with TSB?
I am looking to buy a one bed flat in Morganstown for asking price of 125k, which has seventy one years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I am seeking advice as I am interested in a property that has only a 69 year lease and therefore requires a lease extension. Can I call someone to go through my options please?
My dad has a share of freehold, with two other leaseholders in a building in Morganstown. House split into three flats. He has a lease, which has around seventy seven years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
Hi I own the freehold interest in a 2 bedroom flat in Morganstown. The leaseholder has a fivety seven year lease and would like to purchase another 125 years. She is offering me £21,000 but I am unsure if this is in the right ballpark
I'm intent on purchasing a flat in Morganstown valued at £195,000 the flat has just under 71 years unexpired on the lease. My offer was conditional upon a lease extension... .. that was back in September, hoping I'd have completed by Christmas. The seller has just informed the agent they'll knock £3k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
My husband and I are hoping to buy a home (a one bedroom apartment located inMorganstown with share of freehold). During our search, we were always looking at properties that had a minimum ninety years unexpired. We came across a flat we liked and the estate agent promised us that the lease was long albeit not specifying a number. Yesterday our conveyancers told us the lease only has 62 years and thus needs a lease extension. Should we walk away, or do 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?