Norwood Lease Extension - Your Legal Fees Calculator
FAQs concerning Norwood Lease Extensions
My husband and I are thinking about a lease extension for our garden flat in Norwood and we don't fully comprehend the letter that we got from our freehold company. How long will it take?
I want to buy a leasehold property and extend the lease. The flat owner has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
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 928 years residual lease term 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 twenty years without owning the property. Any help would be much appreciated.
I own a leasehold apartment in Norwood. I have built a large extension and have not informed the freeholder. What are my options?
I will soon view a one bedroom apartment, 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 sixety three years outstanding on the lease. It is also a repossession so I'm assuming 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?
My wife and I are considering buying a one bedroom apartment in Norwood which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
I note that your website states the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding vat and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my ground floor flat in Norwood
Me and my wife are acquiring a three bedroom second floor purpose built maisonette in Norwood which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our conveyancing practitioners to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to be patient until the new lease is registered?
I have seventy four years remaining on my lease of a ground floor flat in Norwood, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
I have a lease of seventy two years remaining on my flat in Norwood. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?