Plymstock Lease Extension - Your Legal Fees Calculator
Plymstock Lease Extensions: Q and A’s
I have been in touch with my freeholder for a lease extension for my flat in Plymstock. His property lawyers has been in contact with fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started June 1992.
I am concerned that my niece is being hoodwinked. She put in an offer on a garden flat in Plymstock, where the lease is around sixety years but she was informed by the estate agents that the vendor had extended it to 125 years. Only now has she been advised the homeowner was waiting for her to appoint lawyers prior to commencing with the lease extension. Seems devious, also it may take a while to sort it all out. Am I reading too much into it?
I own a share of the freehold. There are three flats in the block. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
I am looking to buy a one bed flat in Plymstock for asking price of 125k, which has 72 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
My nephew has a share of freehold, with two other leaseholders in a building in Plymstock. House divided into three flats. He has a lease, which has about seventy five years remaining. How much would it cost for a lease extension and how many years would he need to extend by?
I'm living at mum and dad but have a one bedroom apartment in Plymstock let out which has a sixety eight 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 Plymstock 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?
Me and my wife are in the throws of buying a property (a one bedroom apartment located inPlymstock with share of freehold). Throughout our search, we were always looking at properties that had at least ninety years left on the lease. We found a apartment we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. This morning our conveyancing practitioners advised us the lease only has 73 years and thus needs a lease extension. Do we walk away, or should we reduce our offer?
I own the freehold reversion of a property in Plymstock and a leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bedroom ground floor purpose built flat in Plymstock