Potton Lease Extension - Your Legal Fees Calculator
Common questions relating to Potton Lease Extensions
My fiance and I have just bought a one bedroom apartment based inPotton and I'm thinking about a lease extension as soon as possible e.g. in 24 months of ownership
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am going to purchase a flat located in Potton. The offer is conditional upon a lease extension. The homeowner’s conveyancers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Virgin Money. Moreover, which are the following lease extension steps to complete the purchase?
We have a one bedroom flat in Potton. There is 81 years to run on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,thirty years
I own a share of the freehold. There are five flats in the building. All the leaseholders are now requiring lease extensions. How long will take to get a lease extension?
My husband and I are considering buying a one bedroom apartment in Potton which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
I am hoping to extend the lease on my ground floor flat in Potton I am looking for a local company to calculate the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
If somebody 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?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my two bedroom ground floor purpose built flat in Potton
We have a ground floor flat in Potton with a lease of 60 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?