New Rossington Lease Extension - Your Legal Fees Calculator
New Rossington Lease Extensions: Q and A’s
Me and my wife are thinking about a lease extension for our leasehold house in New Rossington and we don't fully understand the letter that we received from our landlord company. How long will it take?
My wife has an apartment in New Rossington which we have just put on the market. The leasehold has around 70 years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
I own a leasehold flat in the New Rossington area and was wondering whether I could get a lease extension. What are your processes and charges. There are 73 years left
I'm wanting to make an offer on a house in New Rossington but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barclays giving us the mortgage now?
I'm planning on purchasing a one bedroom ground floor purpose built flat (leasehold) but the landlord has been absent for slightly less than 15yrs. I wonder whether it will be cheaper to try to buy the freehold or to get a lease extension and apply for RTM?
I am looking into the costs of carrying out a lease extension for my garden flat in New Rossington, and would like some figures on that.
My husband and I are considering purchasing a studio flat in New Rossington which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
My 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?
Coming up to two years that I have been in my maisonette in New Rossington. I have 54 years outstanding on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired 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: In terms of surveyors - how do I go about finding one?
I own the freehold reversion of a property in New Rossington and a leaseholder has requested a lease extension. Her valuer has given a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer has suggested a much higher figure. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to face?