Shoreham By Sea Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Shoreham By Sea
We agreed with the freeholder to a lease extension on our flat based in Shoreham By Sea, 6.5k for an extension by 90yrs. How long is the process ?
I’ve just bought a studio flat based inShoreham By Sea and I'm deliberating a lease extension as soon as practicable e.g. after a couple of years
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 curious about the the process
I'm planning to make an offer on a house in Shoreham By Sea but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect The Mortgage Works giving us the mortgage now?
The terms for the lease on my apartment in Shoreham By Sea are 99 years from 15 Jan 1989. Please give me a quote for a lease extension if I give you more details please?
I am thinking about whether to purchase the freehold or a lease extension of my property in Shoreham By Sea and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Barnsley Building Society to free up equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease started in 1979 and since then the ground rent has increased from £38.00 per year to £100 per annum.
I'm looking for an apartment to purchase in Shoreham By Sea and I'm not really familiar with the leasehold title. I've identified a one bedroom apartment I like with a 82 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
I am about to view a two bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy eight years outstanding on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
I am thinking about buying an auction property and came upon a one bed flat in Shoreham By Sea. It only has a 50 year lease..the current owner being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and reduced chance of obtaining a mortgage with Lloyds TSB Bank?
My solicitors (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?