Petersfield Lease Extension - Your Legal Fees Calculator
FAQs concerning Petersfield Lease Extensions
Hi, I am looking somewhere around or in Petersfield 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leaseholders want to extend their leases and I'm enquiring about the the process
I want to acquire a leasehold property and extend the lease. The vendor has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I have a lease of fivety seven years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I own a leasehold apartment in Petersfield. I have built a big extension and have not informed the leaseholder. What are my options?
I am about to view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy eight years remaining on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
I have my suspicions that my daughter is being hoodwinked. She put in an offer on a ground floor flat in Petersfield, where the lease is around sixety one years but she was advised by the estate agents that the current owner had extended it to 125 years. She has now been informed the seller was waiting for her to retain solicitors ahead of instigating the lease extension. Sounds odd to me, also it could take a while to sort it all out. What do you think?
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 are hoping to complete on a maisonette in Petersfield which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our property lawyers to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners 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 have to wait until the lease extension has actually been registered before completing.?
We are in the throws of buying a property (a maisonette based inPetersfield with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 84 years unexpired. We found a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. Yesterday our solicitors informed us the lease only has 72 years and therefore requires a lease extension. Do we walk away, or do we negotiate our offer?