Roundhay Lease Extension - Your Legal Fees Calculator
Roundhay Lease Extensions: Q and A’s
I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Roundhay - I wanted to see if with your services this could be extended?
The intention is to sell our one bedroom apartment in Roundhay but we may need to extend the lease, or at least cover the expense of our buyers. Are you able to recommend someone to help us?
I'm looking for a flat to buy in Roundhay and I'm not really familiar with the leasehold concept. I've identified a garden flat I like with a 91 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
I am thinking about bidding for an auction property and identified a studio flat in Roundhay. It has just 41 year lease..the current owner as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with National Westminster Bank?
My wife and I are considering purchasing a garden flat in Roundhay which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
We would like to extend our lease. We will have been in the flat for two years as of 21st Jan 2016. It has approximately 61 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
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?
I am looking to buy a one bed flat in Roundhay for asking price of 145k, which has 64 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
We are worried about seeking a lease extension from a difficult landlord. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the landlord still attempted to get ground rent of £200 doubling every 25 years of the new term. Can you assist?
I am currently negotiating a lease extension for my flat in Roundhay as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?