Northampton Lease Extension - Your Legal Fees Calculator
FAQs concerning Northampton Lease Extensions
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 54 years left.
I have been in touch with my freeholder for a lease extension for my flat in Northampton. His conveyancers has been in contact concerning fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started October 1985.
I am going to purchase a flat located in Northampton. My offer is subject to the lease extension. The seller’s solicitors 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 Halifax. Moreover, which are the following lease extension steps to complete the purchase?
Is it possible to talk with you about an apartment in Northampton, I am considering buying at auction next week. The flat has a short lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
I am considering whether to purchase the freehold or a lease extension of my property in Northampton and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with HSBC Bank to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1979 and since then the ground rent has increased from £38.00 per year to £100 per year.
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I am the owner of a purpose-built flat based in a small development in Northampton. The leasehold interest in the apartment on a ninety five year lease started from 21st August 1972 with a set ground rent of £15 per annum. I would like to obtain a lease extension. Can I call someone to discuss my options please?
My husband and I are are hoping to complete on a ground floor flat in Northampton which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our solicitors to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we have to be patient pending registration of the new lease?
My husband and I are hoping to buy a flat (a garden flat inNorthampton with share of freehold). During our search, we were always looking at flats that had a minimum 83 years left on the lease. We came across a flat we liked and the estate agent promised us that the lease term was not an issue. Yesterday our conveyancing practitioners informed us the lease only has 64 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 have 75 years remaining on my lease of a ground floor flat in Northampton, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable