Northop Hall Lease Extension - Your Legal Fees Calculator
Sample questions relating to Northop Hall Lease Extensions
I need to negotiate a lease extension for a flat in Northop Hall and want to use a local conveyancing practitioners. Is there a lawyers that you can recommend?
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 899 years unexpired 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 25 years without owning the property. Any advice would be much appreciated.
I am about to put an offer in on a garden flat in Northop Hall with a lease of seventy two years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I am going to purchase a flat located in Northop Hall. The offer is conditional upon a lease extension. The seller’s property lawyers has served 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 Virgin Money. Moreover, which are the following lease extension steps to complete the purchase?
We are selling our maisonette in Northop Hall but we may need to extend the lease, or at least cover the costs of our purchaser. Are you able to suggest a property lawyers to undertake the legal formalities?
I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 69 years. I need a lawyers at my end. Can you advise please? I live near Northop Hall and have a mortgage with Platform Home Loans Ltd.
Hello I own the freehold interest in a 2 bedroom flat in Northop Hall. The leaseholder has a 59 year lease and would like to purchase an additional 125 years. He is offering me £18,000 but I am not sure if this is too low an offer
Are you able to provide an estimate to extend my aunt’s lease on a garden flat in Northop Hall. She already has a price from the freeholder for a lease extension but I am far from certain if it is reasonable.
I have 73 years remaining on my lease of a ground floor flat in Northop Hall, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
I am currently negotiating a lease extension for my flat in Northop Hall 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?