Shoeburyness Lease Extension - Your Legal Fees Calculator
Questions and Answers: Shoeburyness Lease Extensions
I agreed with the head landlord to a lease extension on our flat located in Shoeburyness, 15.5k for an additional 90yrs. Can you please assist us with this situation ?
I want to acquire a leasehold property and lease extension. The owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been missing for slightly less than 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to extend lease and apply for RTM?
My co-lessees and I are in a building made up five flats in Shoeburyness and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
Offer accepted on a a garden flat in Shoeburyness, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as 82 years.Contracts were due to be exchanged in a couple of days. My query is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
I am in need of a lease extension for my flat in Shoeburyness and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My conveyancers (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 son has a share of freehold, with two other leaseholders in a building in Shoeburyness. House divided into three flats. He has a lease, which has around sixety six years left. How much would it cost for a lease extension and how many years would he need to extend by?
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'm looking at purchasing a flat in Shoeburyness at a price of £210,000 the flat has something like 71 years left on the lease. My offer was conditional upon the lease being renewed... .. that was back in November, expecting I'd have moved in by Christmas. They have just informed the agent they are willing to reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer