Northfleet Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Northfleet Lease Extensions
We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 798 years left so a lease extension is not required. 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.
I would like to have my residential flat leasehold extension premium valued. The flat is in Northfleet, and my lease will reach 57 years this December. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
I am going to purchase a flat based in Northfleet. My offer is conditional upon a lease extension. The current owner’s conveyancing practitioners has given to the freeholder the Section 42 Notice. 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 Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
The intention is to sell our GFF in Northfleet but we may require a lease extension, or possibly cover the costs of our buyers. Are you able to suggest someone to help us?
Possibly made an error, I am searching for a conveyancing practitioners in Northfleet who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
Ref a property in Northfleet. GFF maisonette. seventy seven yrs left. I have an agreed lease extension to £14k for 135yrs. Freeholder also requested Initial Notice which I think is a tad over the top. Can you assist.
Me and my sister have owned a leasehold flat for approximately eighteen years. There are 59 years outstanding on the lease. After a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.
I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 74 years. I need a property lawyers at my end. Can you advise please? I live near Northfleet and have a mortgage with Platform Home Loans Ltd.
My and my husband know that others in the same building previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?
I am currently negotiating a lease extension for my flat in Northfleet 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?