Otley Lease Extension - Your Legal Fees Calculator
Sample questions relating to Otley Lease Extensions
Hi, I stumbled across this site. I'm looking for prices on what a lease extension will cost for a one bedroom apartment located in Otley. It's on sale at the moment but has around fivety five years of unexpired leasehold
I inherited a property in Otley and it has slightly more than seventy seven years remaining. I'd like to extend the lease period
I am the registered owner of a garden flat in Otley. I am looking for a lease extension on the property. It is slightly more than eighty one years. I would just like to know what your charges are and how long it would take for completion.
I will soon view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has sixety one years outstanding on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
Me and my husband are proceeding with a purchase of a three bed flat in Otley. I was advised by the EA that the lease extension had already been completed while on a viewing (56 years outstanding prior to extension). The sales particulars stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The current owner apparently has a quote but no funds to extend as a result the flat owner wants to exchange and use the my deposit for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
I am the freeholder of a Edwardian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy years. What are my next steps?
I'm living at parents but have a three bedroom ground floor purpose built maisonette in Otley let out which has a 64 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 Otley 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?
Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Otley. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.
Me and my husband are hoping to buy a home (a one bedroom apartment located inOtley with share of freehold). Throughout our search, we were always looking at flats that had a minimum ninety years unexpired. We identified a apartment we fell in love with and the selling agent promised us that the lease term was not an issue. This morning our conveyancing practitioners advised us the lease only has sixety four years and therefore requires a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I am planning on remortgaging my studio flat in Otley and the new lender that I am looking to move to requires a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around 71 years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension