Oughtibridge Lease Extension - Your Legal Fees Calculator
Oughtibridge Lease Extensions: Q and A’s
I’m about to offer on a maisonette to buy in the Oughtibridge area and was interested in finding out what the likely fees would be for a lease extension? It has seventy one years as a balance left...
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has seventy years balance left.
Think I may have made an error, I am seeking a property lawyers in Oughtibridge who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
Regarding a leasehold in Oughtibridge. lower maisonette. fivety seven yrs remaining. I have negotiated a lease extension price of £14k for 125yrs. Freeholder also insisted on Initial Notice which I think should not be required. Can you assist.
My solicitors (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?
Me and my partner have owned a leasehold flat for approximately twenty years. It now has sixety six years outstanding on the lease. After a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate advice.
Although I do not need a lease extension but I do require a vesting order on a property I want to acquire in Oughtibridge. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
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 doing it?
We are buying a studio flat in Oughtibridge which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our property lawyers to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we must be patient until the new lease is registered?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Oughtibridge