New Southgate Lease Extension - Your Legal Fees Calculator
New Southgate Lease Extensions: Q and A’s
I purchased a flat in New Southgate with a leasehold unexpired circa seventy eight years and need a lease extension. Please can you advise me of the next stages
I need to negotiate a lease extension for a flat in New Southgate and want to use a local lawyers. Is there a conveyancing practitioners that you can recommend?
I'm wanting to make an offer on a house in New Southgate but I'm concerned 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 Nationwide Building Society giving us the mortgage now?
My neighbours and I are in a building made up five flats in New Southgate and have been offered to buy the freehold for 5k 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?
My mortgage provider is requesting several hundred pounds for their conveyancing practitioners to approve the lease extension deed for my flat in New Southgate... I am unable to find any mention of this in my mortgage guide... is this a usual fee to pay?
We have owned a leasehold flat for around eighteen years. There are 67 years unexpired lease on the lease. Following a year of protracted negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.
I'm intent on acquiring a flat in New Southgate at a price of £210,000 the flat has approximately sixety three years remaining on the lease. My offer was conditional upon the lease being renewed... .. that was back in November, expecting I'd have completed before Christmas. The owner has just informed me they'll reduce the price by£7k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
My fiance and I are in the throws of buying a flat (a maisonette located inNew Southgate with share of freehold). Throughout our search, we were always looking at flats that had a minimum 84 years remaining. We came across a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. Today our solicitors told us the lease only has sixety eight years and thus needs a lease extension. Do we run 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?
I am currently negotiating a lease extension for my flat in New Southgate as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in New Southgate