Northop Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Northop Lease Extensions
I have an interest in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm wondering about the procedure for this
I'm about to make an offer on a house in Northop but I'm concerned 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 Lloyds TSB Bank giving us the mortgage now?
We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not an issue. 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 guidance would be much appreciated.
I am looking to buy a ground floor flat in Northop with a lease of 67 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
Last year I purchased a leasehold apartment in Northop. I have built a big extension and have not informed the freeholder. What should I do?
I am thinking about buying an auction property and found a studio flat in Northop. It has just 50 year lease..the current owner as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Leeds Building Society?
I am planning to extend the lease on my one bedroom apartment in Northop I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy five years. I need a solicitors at my end. Can you advise please? I live near Northop and have a mortgage with Yorkshire Building Society.
Coming up to 2 years that I have been in my maisonette in Northop. I have fivety seven years left on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Northop based property lawyers or any will do fine?
I'm intent on acquiring a flat in Northop valued at £210,000 the flat has approximately seventy eight years remaining on the lease. My offer was conditional upon the lease being extended... .. that was back in June, expecting I'd be in before Christmas. They have just come back saying they'll reduce the price by£7k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer