Newtown Lease Extension - Your Legal Fees Calculator
Newtown Lease Extensions: Q and A’s
I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Newtown - I wanted to see if with your services this could be extended?
I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 68 years unexpired
I plan on buying a flat located in Newtown. My offer is conditional upon a lease extension. The current owner’s conveyancing practitioners has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?
I'm planning on purchasing a studio flat (leasehold) but the freeholder has been missing for slightly more than 15yrs. I wonder whether it will be less expensive to try to purchase the freehold or to extend lease and apply for RTM?
I need to talk to you about a leasehold property in Newtown, I am thinking of buying at auction next month. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.
I am looking to either purchase the freehold or a lease extension of my property in Newtown and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with National Westminster Bank to release of equity. The adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease started in 1991 and since then the ground rent has been raised from £25.00 per year to £200 per annum.
Offer accepted on a a one bedroom second floor purpose built flat in Newtown, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged within a week. My query is Is it not odd that my conveyancers failed to spot this far earlier than just before exchange?
If somebody 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 fiance and I have been in discussion with our freeholder after having a valuation on our ground floor flat in Newtown. We have a 69 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he 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 lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
Hi I am the freeholder interest in a 3 bedroom flat in Newtown. The leaseholder has a 79 year lease and would like to purchase an additional 90 years. She is offering me £18,000 but I am unsure if this is a correct amount