Ollerton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Ollerton Lease Extensions
I think our conveyancing practitioners has advised us incorrectly concerning a lease extension and I would like to know how to complain
I am considering investing in a second home but it has a lease that expires in 14 years. Its in Ollerton - I wanted to see if with your services this could be extended?
Is it possible to talk with you about a leasehold property in Ollerton, I am considering buying at auction in the next few days. The flat only has a few years unexpired lease and I was wondering about how much it would cost to get a lease extension and for your services.
I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a three bedroom second floor purpose built maisonette in Ollerton, where the lease is about fivety four years but she was advised by the estate agents that the seller had extended it to 99 years. Only now has she been advised the homeowner was holding off for her to instruct solicitors before commencing with the lease extension. Seems devious, also it will take time to sort it all out. Am I reading too much into it?
My OH and I are considering purchasing a one bed flat in Ollerton which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
We had entered into buying a studio flat in Ollerton. I was informed that the lease had been lengthened (66 years unexpired lease prior to extension). The sales particulars stated "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The vendor apparently has a quote but no funds to extend as a result the seller wants to exchange and use the 10% deposit to extend the lease. My question is is it not odd that my conveyancing practitioners didn't pick this up far earlier than just before exchange?
I intend to buy a one bed flat in Ollerton for asking price of 145k, which has fivety six years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 63 years. I need a property lawyers at my end. Can you advise please? I live near Ollerton and have a mortgage with Halifax.
I am currently negotiating a lease extension for my flat in Ollerton 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?
I have a lease of 70 years remaining on my flat in Ollerton. 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?