Shirenewton Lease Extension - Your Legal Fees Calculator
Shirenewton Lease Extensions: Q and A’s
I purchased a three bedroom ground floor purpose built flat in Shirenewton that I am finding difficult to sell due to the lease requiring a lease extension. How long will it take ?
I inherited a property in Shirenewton and it has nearly sixety one years residual lease term. I'd like to extend the lease period
The intention is to sell our ground floor flat in Shirenewton but we may require a lease extension, or possibly cover the expense of our purchaser. Are you able to help me find a property lawyers to undertake the legal formalities?
We acquired a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Shirenewton and are therefore considering the option of a vesting order. Is this something you can do for us?
I am a FTB of a leasehold flat in Shirenewton. The lease has just 75 years balance left and ground rent is £50. Is it possible for the owner to serve the Notice of Claim and then assign over the right to me as the buyer once I complete the buying process so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the owner? Unfortunately the freeholder is absent, so I am not sure how does it work.
My mortgage provider requires several hundred pounds for their conveyancing practitioners to agree a lease extension for my flat in Shirenewton... I can find no mention of this in my mortgage contract... is this a normal charge?
Offer accepted on a a three bedroom second floor purpose built flat in Shirenewton, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.Contracts were due to be exchanged in a couple of days. My query is how is possible that the estate agent got it so wrong?
If somebody 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 extending the lease?
We have been in discussion with our freeholder after having a valuation on our garden flat in Shirenewton. We have a fivety eight year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
I am currently negotiating a lease extension for my flat in Shirenewton 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?