North Plymouth Lease Extension - Your Legal Fees Calculator
North Plymouth Lease Extensions: Q and A’s
I have shares in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm curious about the procedure for this
I am considering investing in a second home but it has a lease that expires in twenty years. Its in North Plymouth - I wanted to see if with your services this could be extended?
We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 798 years unexpired so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
I have contacted my freeholder for a lease extension for my flat in North Plymouth. Her lawyers has been in contact with fees etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started October 1984.
I am concerned that my niece might have had the wool pulled over her eyes. She submitted an offer on a two bedroom ground floor purpose built flat in North Plymouth, where the lease is around seventy three years but she was informed by the estate agents that the owner had extended it to 99 years. She has now been advised the homeowner was waiting for her to appoint conveyancers prior to commencing with the lease extension. Seems devious, also it may take months to sort it all out. What do you think?
I would like some advice on purchasing a leasehold residence. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in North Plymouth area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
I am the registered freeholder to two flats. Someone has the lease on the lower flat in North Plymouth. I reside in the top flat. I was looking at the title deeds today when I noticed that my flat has a lease on it. There is seventy four years remaining. If I want to do a lease extension then would I just be paying for the conveyancing practitioners fees?
I am worried about getting a lease extension from a difficult landlord. Even though the correct procedures were followed under the appropriate legislation, the landlord still attempted to charge ground rent of £250 increasing by 100% every 25 years of the new term. Can you help?
I am planning on refinancing my maisonette in North Plymouth and the mortgage company that I am looking to switch to requires a minimum 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around seventy three years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
I am currently negotiating a lease extension for my flat in North Plymouth 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?