Ravenshead Lease Extension - Your Legal Fees Calculator
Questions and Answers: Ravenshead Lease Extensions
My name´s Eli. I’m flat hunting in Ravenshead I'm seeing a one bedroom apartment online, with circa fivety seven years remaining, how much does it cost on average to get a lease extension by, say, 35 years?
My neighbours and I are in a building comprising three flats in Ravenshead and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I'm looking for a flat to purchase in Ravenshead and I'm not really familiar with the leasehold arrangement. I've identified a place I like with a 91 years lease. My research reveals that I can go for a lease extension after a couple of years, but:- Should I anticipate any issue with the mortgage?
I will soon view a one bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 68 years remaining on the lease. It is also a repo so I'm guessing that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
Offer accepted on a a studio flat in Ravenshead, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 82 years.We are about to exchange contracts within a week. My question is Is it not odd that my solicitors didn't spot this far earlier than just before exchange?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
We have owned a leasehold flat for about twenty years. It now has 58 years outstanding on the lease. After a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
I'm living at parents but have a two bedroom second floor purpose built flat in Ravenshead let out which has a sixety four 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 Ravenshead 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 21k. Not sure sure whether to hold on or sell the flat?
Me and my husband are acquiring a studio flat in Ravenshead which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The seller 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 conveyancing process is for our conveyancers to do a pre-completion search on the lease. 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 property title number is not known. Is it correct that we have to hold on until the lease extension has actually been registered before completing.?
I am planning on refinancing my studio flat in Ravenshead and the bank that I am looking to move to requires a minimum 85 years remaining on the lease in order for them to progress matters. We currently have around 71 years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension