I’m about to offer on a studio flat to buy in the Ryde area and was interested in finding out what the likely fees would be for a lease extension? It has 56 years as a balance left...
I am looking for a conveyancers in Ryde and they need to be on the Accord Mortgages Ltd approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
I have contacted my freeholder for a lease extension for my flat in Ryde. Her conveyancers has been in contact regarding costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started February 1987.
I am concerned that my niece is being hoodwinked. She put in an offer on a ground floor flat in Ryde, where the lease is circa seventy eight years but she was informed by the estate agents that the seller had extended it to 99 years. She has now been advised the seller was waiting for her to instruct solicitors prior to commencing with the lease extension. Sounds devious, also it may take months to sort it all out. What do you think?
I intend to buy a one bed flat in Ryde for asking price of 156k, which has sixety one 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 query 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?
If a leaseholder 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 own the freehold to two flats. Someone has the lease on the ground flat in Ryde. I reside in the upper flat. I was looking at the land registry documents today when I noticed that my flat has a lease on it. There is seventy two years residual lease term. Is it possible to carry out a lease extension without retaining a solicitors?
I'm hoping for some assistance concerning extending the lease on my maisonette. I'll be looking to do this in nine months time as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
My aunt is concerned about getting a lease extension from a difficult freeholder. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the freeholder still attempted to charge ground rent of £250 increasing by 100% every 25 years of the new term. Can you assist?
I am currently in the process of remortgaging my maisonette in Ryde and the mortgage company that I am looking to switch to needs a minimum 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around fivety nine years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension