Nuneaton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Nuneaton Lease Extensions
I have shares in the freehold of buildings comprising of seven flats each. Two of the leaseholders want a lease extension and I'm curious about the the process
I have my suspicions that my daughter is being hoodwinked. She put in an offer on a maisonette in Nuneaton, where the lease is nearon fivety five years but she was advised by the estate agents that the current owner had extended it to 99 years. She has now been informed the seller was holding off for her to instruct lawyers before commencing with the lease extension. Seems devious, also it may take months to sort it all out. Am I being too sceptical?
I am considering buying an auction property and found a one bed flat in Nuneaton. It has just 48 year lease..the seller as mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and reduced chance of getting a mortgage with Aldermore?
Offer accepted on a a maisonette in Nuneaton, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged within a week. My question is how is possible that the estate agent got it so wrong?
I am planning to extend the lease on my three bedroom second floor purpose built maisonette in Nuneaton I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
Just been over 2 years that I have been in my one bedroom ground floor purpose built flat in Nuneaton. I have fivety seven yrs outstanding on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
I'm looking for some help concerning a lease extension on my apartment. I'll be looking to do this sometime next year as we need to 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. You are able to recommend a good property lawyers who specialises in lease extensions. Preferably nearby in Nuneaton?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Nuneaton
I have a lease of 69 years remaining on my flat in Nuneaton. 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?