Ottershaw Lease Extension - Your Legal Fees Calculator
FAQs concerning Ottershaw Lease Extensions
My name´s Dylan. I’m property hunting in Ottershaw I'm deliberating offering on a garden flat online, with circa seventy two years unexpired lease, how much does it cost on average to get a lease extension by, say, 35 years?
I am looking to extend the lease on my garden flat in Ottershaw which will have seventy years outstanding in June. What fees do you charge for this?
I'm planning to make an offer on a house in Ottershaw but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Coventry Building Society giving us the mortgage now?
We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 928 years unexpired so a lease extension is not required. 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 the house being ours. Any feedback would be much appreciated.
I am looking into the costs of carrying out a lease extension for my three bedroom second floor purpose built flat in Ottershaw, and would like some figures on that.
I have my suspicions that my daughter might have had the wool pulled over her eyes. She put in an offer on a garden flat in Ottershaw, where the lease is circa seventy years but she was advised by the estate agents that the seller had extended it to 125 years. Only now has she been informed the homeowner was holding off for her to retain conveyancers ahead of instigating the lease extension. Sounds odd to me, also it could take a while to sort it all out. Am I being too sceptical?
I am a landlord of a block of flats in Ottershaw, and the leaseholders are in the process of being given lease extensions. I should hopefully get the money next month. As I am not on self assessment do I contact HMRC ?
My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I am planning to extend the lease on my three bedroom ground floor purpose built flat in Ottershaw I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
I am currently negotiating a lease extension for my flat in Ottershaw 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?