Norwich Lease Extension - Your Legal Fees Calculator
Questions and Answers: Norwich Lease Extensions
Me and my OH are seeking a lease extension for our two bed flat based in Norwich and we are confused by the letter that we got from our freehold company. Can you please help us with this situation?
We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 928 years balance left 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 correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.
Do you only handle lease extensions in Norwich? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a lawyers.
Hello. I need someone to review my lease extension before it's formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
Think I may have made a mistake, I am actually looking for a conveyancing practitioners in Norwich who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
I am about to view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 69 years residual lease term on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
We are considering buying a one bedroom second floor purpose built maisonette in Norwich which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
I'm living at mum and dad but have a maisonette in Norwich let out which has a sixety five year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Norwich for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
I'm looking for some help with regard to a lease extension on my maisonette. I'll be looking to do this sometime next year as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
Do you handle lease extensions on land? (a plot of land in Norwich with 82yrs remaining)