Shirehampton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Shirehampton Lease Extensions
I have an interest in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want a lease extension and I'm enquiring about the procedure for this
I acquired a property in Shirehampton and it has nearly 70 years unexpired. I'd like to extend the lease period
I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in Shirehampton - I wanted to see if with your services this could be extended?
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 remaining so a lease extension is not an issue. 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 twenty years without owning the property. Any feedback would be much appreciated.
I am thinking about whether to purchase the freehold or a lease extension of my property in Shirehampton and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Birmingham Midshires to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease commenced in 1979 and since then the ground rent has increased from £15.00 per year to £125 per year.
I am a first time buyer of a leasehold flat in Shirehampton. The lease has only fivety four years outstanding and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then assign this right to me as the purchaser on the day of completion so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the homeowner? Unfortunately the landlord is absent, so I am not sure how this will play out.
I wondered if you could help me on the likely cost and the best way to get a lease extension started? I have about 64 years unexpired lease and I own a one bedroom apartment in Shirehampton.
If somebody owns a flat with a lease of less than 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 have a leasehold property in Shirehampton with 66 years left on the lease. I am looking for a conveyancing practitioners to act for me to obtain a lease extension. Can you assist?
I own the freehold of a couple of flats. Someone has the lease on the garden flat in Shirehampton. I live in the top flat. I was reviewing the land registry documents today when I noticed that my flat has a lease on it. There is seventy one years left. Can one carry out a lease extension without instructing a solicitors?