Newbury Lease Extension - Your Legal Fees Calculator
Sample questions relating to Newbury Lease Extensions
I'm considering buying a one bedroom first floor purpose built flat (leasehold) but the freeholder has been absent for around 15yrs. My question is would it be cheaper to try to purchase the freehold or to extend lease and apply for RTM?
I am a first time buyer of a leasehold flat in Newbury. The lease has only 55 years balance left and ground rent is £50. Is it possible for the homeowner to serve the Notice of Claim and then assign over the right to me as the buyer on the day of completion so that I can avoid waiting for the two 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 current owner? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
My partner and I have a first floor flat in Newbury with 67 years to run. Ten months ago we were quoted a deal to grant a lease extension for a further thirty years but also uplift the ground rent from notional to £200 per year..plus a premium I think of approximately 10k. Finally we have decided to go ahead but do we now have to start the negotiations again?
We had entered into buying a maisonette in Newbury. I was told that the lease had been extended (60 years outstanding prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The current owner supposedly has a quote but no money to extend as a result the flat owner wants to exchange and use the my deposit for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
Even though I may not need a lease extension but I do require a vesting order on a property I want to buy in Newbury. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.
Hi I am the freeholder reversion in a one bedroom flat in Newbury. The leaseholder has a seventy nine year lease and would like to purchase an additional 125 years. He is offering me £18,000 but I am unsure if this is too low an offer
I own the freehold of a couple of flats. Someone has the lease on the ground flat in Newbury. I reside in the top flat. I was reviewing the title deeds last night when I noticed that my flat has a lease on it. There is fivety nine years remaining. Is it possible to carry out a lease extension without retaining a property lawyers?
I require an estimate to extend my mother’s lease on a ground floor flat in Newbury. She already has a price from the freeholder for a lease extension but I am far from certain if it is too high.
Do you handle lease extensions on land? (a plot of land in Newbury with 82yrs remaining)
I have a lease of seventy nine years remaining on my flat in Newbury. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?