North Cave Lease Extension - Your Legal Fees Calculator
Questions and Answers: North Cave Lease Extensions
I'm intending to make an offer on a house in North Cave 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 Godiva Mortgages Ltd giving us the mortgage now?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I plan on buying a flat based in North Cave. The offer is subject to the lease extension. The current owner’s lawyers 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 TSB. Moreover, which are the following lease extension steps to complete the purchase?
I'm planning on purchasing a ground floor flat (leasehold) but the freeholder has been missing for roughly 15yrs. My query is would it be cheaper to try to purchase the reversionary title or to extend lease and apply for right to manage?
My wife and I are proceeding with a purchase of a garden flat in North Cave. I was told that the lease had been lengthened (69 years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The vendor supposedly has a quote but no funds to extend as a result the homeowner wants to exchange and use the deposit monies to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
I am the owner of a purpose-built flat located in a large block in North Cave. The leasehold interest in the apartment on a 101 year lease started on 2nd November 1969 with a fixed yearly rent of 20. I wish to obtain a lease extension. Can I call someone to discuss my options please?
We have owned a leasehold flat for around eighteen years. There are 71 years unexpired lease on the lease. Following a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
We are concerned about obtaining a lease extension from tricky landlord. Even though the correct procedures were adhered to under the 1993 Act, the freeholder still attempted to charge ground rent of £250 doubling every 25 years of the new lease. Can you help?
Are you able to provide an estimate to extend my aunt’s lease on a ground floor flat in North Cave. She recently got a price from the landlord for a lease extension but I am not sure it is too expensive.
I'm looking for some advice with regard to a lease extension on my studio flat in North Cave. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good solicitors who specialises in lease extensions?