Saltdean Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Saltdean Lease Extensions
I own a flat in Saltdean with a leasehold unexpired around fivety eight years and need to extend it. Please can you clarify the next stages
We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any feedback would be much appreciated.
I am looking to buy a ground floor flat in Saltdean with a lease of 72 years but unsure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I have my suspicions that my niece is being hoodwinked. She submitted an offer on a studio flat in Saltdean, where the lease is around sixety five years but she was informed by the selling agents that the homeowner had extended it to 125 years. She has now been advised the homeowner was holding off for her to instruct conveyancers ahead of instigating the lease extension. Seems unscrupulous, also it could take time to sort it all out. Am I being too sceptical?
I am the freeholder of a Victorian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy eight years. What are my next steps?
Me and my wife would like to know the cost of a lease extension valuation for a property based in Saltdean. Is this something you can assist us with?
Me and my OH are acquiring a one bedroom first floor purpose built flat in Saltdean which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our conveyancing practitioners to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to be patient pending registration of the new lease?
I am currently negotiating a lease extension for my flat in Saltdean 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?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Saltdean
I have a lease of sixety seven years remaining on my flat in Saltdean. 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?