Pickering Lease Extension - Your Legal Fees Calculator
FAQs concerning Pickering Lease Extensions
My name´s Kai. I’m property hunting in Pickering I'm seeing a three bed flat online, with about 54 years outstanding, how much will it likely cost to get a lease extension by, say, 35 years?
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has fivety nine years unexpired.
We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years left so a lease extension is not an issue. 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 owning the property. Any suggestions would be much appreciated.
I am looking for a property lawyers in Pickering and they should be on the National Westminster Bank approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend any please ?
I have contacted my freeholder for a lease extension for my flat in Pickering. His property lawyers has been in contact concerning costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started May 1986.
The intention is to sell our studio flat in Pickering but we may need a lease extension, or possibly cover the expense of our purchaser. Are you able to help me find a conveyancing practitioners to undertake the legal formalities?
My mortgage lender requires several hundred pounds for their conveyancers to agree a lease extension for my flat in Pickering... I am unable to find any reference of this in my mortgage literature... is this a usual charge?
My fiance and I are considering purchasing a garden flat in Pickering which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
My lawyers (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?
We are are hoping to complete on a maisonette in Pickering which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our property lawyers to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must wait pending registration of the new lease?