Rothbury Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Rothbury Lease Extensions
I inherited a property in Rothbury and it has circa 66 years unexpired. I'd like to arrange a lease extension by twenty years
I'm intending to make an offer on a house in Rothbury but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect TSB giving us the mortgage now?
I want to acquire a leasehold property and extend the lease. The vendor has been there over two 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 ?
My co-lessees and I are in a block of five flats in Rothbury and have been offered to buy the freehold for 5k 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 buy in Rothbury and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom ground floor purpose built maisonette I like with a 82 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 my proposed mortgage lender Aldermore?
My conveyancers (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?
I am hoping to extend the lease on my 2 bed flat in Rothbury I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
I have 73 years remaining on my lease of a ground floor flat in Rothbury, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Rothbury
I have a lease of seventy nine years remaining on my flat in Rothbury. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?