Shirenewton Lease Extension - Your Legal Fees Calculator
Sample questions relating to Shirenewton Lease Extensions
I purchased a one bedroom first floor purpose built maisonette located in Shirenewton with a leasehold unexpired of 73 years. I am enquiring about how much it will cost me to extend my lease term
I am looking into the costs of carrying out a lease extension for my maisonette in Shirenewton, and would like some figures on that.
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
I intend to buy a one bed flat in Shirenewton for asking price of 145k, which has 69 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 landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
My father has a share of freehold, with two other leaseholders in a building in Shirenewton. House divided into three flats. He has a lease, which has circa sixety seven years left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost including vat and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my one bedroom apartment in Shirenewton
My partner and I are are hoping to complete on a 2 bed flat in Shirenewton which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our lawyers to do OS1 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 lease title number is not known. Is it right that we must hold on pending registration of the new lease?
Me and my wife are hoping to buy a flat (a 2 bed flat located inShirenewton with share of freehold). During our search, we were always looking at flats that had a minimum 84 years left. We found a apartment we fell in love with and the selling agent assured that the lease term was not an issue. Yesterday our property lawyers advised us the lease only has sixety nine years and therefore needs a lease extension. Should we walk away, or do we negotiate our offer?
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?