Nether Stowey Lease Extension - Your Legal Fees Calculator
Common questions relating to Nether Stowey Lease Extensions
I am interested in getting a lease extension for a flat in Nether Stowey and want to use a local solicitors. Are you able to help me find a solicitors?
I would like to have my residential flat leasehold extension premium valued. The flat is in Nether Stowey, and my lease will reach seventy two years this January. 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 Nether Stowey. Her property lawyers has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started May 1987.
I am a first time buyer of a leasehold flat in Nether Stowey. The lease has only 59 years left and ground rent is £50. Is it possible for the flat owner to serve the Section 42 Notice and then transfer over the right to me as the buyer on the day of completion so that I don't have to wait for the 2 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 vendor? Unfortunately the freeholder is absent, so I am not sure how does it work.
I am thinking about bidding for an auction property and identified a one bed flat in Nether Stowey. It only has a 48 year lease..the vendor being mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and decreased chance of getting a mortgage with Platform Home Loans Ltd?
I am in need of a lease extension for my flat in Nether Stowey and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
My brother and I have been in discussion with our freeholder after having a valuation on our one bed flat in Nether Stowey. We have a 74 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she 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 property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
Me and my partner are purchasing a maisonette in Nether Stowey which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The seller’s lawyer 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 house buying process is for our property lawyers to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must wait until the new lease is registered?
I own the freehold to two flats. Someone has the lease on the lower flat in Nether Stowey. I reside in the top flat. I was reviewing the land registry documents yesterday when I noticed that my flat is leasehold. There is 66 years residual lease term. Can one do a lease extension without instructing a property lawyers?