South Molton Lease Extension - Your Legal Fees Calculator
Sample questions relating to South Molton Lease Extensions
So this is the scenario: I inherited a ground floor flat in South Molton that I now cannot sell due to the lease requiring a lease extension. What's your legal fee ?
I'm about to make an offer on a house in South Molton but I'm concerned 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 Barclays Direct giving us the mortgage now?
I have been in touch with my freeholder to extend my lease for my flat in South Molton. His conveyancers has been in contact regarding costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started August 1984.
We would like to know the cost of a lease extension valuation for a property based in South Molton. Is this something you can help us with?
If a leaseholder 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 extending the lease?
Hello I own the freehold interest in a one bedroom flat in South Molton. The leaseholder has a sixety year lease and would like to purchase an additional 125 years. He is offering me £21,000 but I am not sure if this is in the right ballpark
My husband and I are hoping to acquire a home (a garden flat based inSouth Molton with share of freehold). During our search, we were always looking at properties that had a minimum eighty five years left on the lease. We found a flat we fell in love with and the estate agent assured that the lease term was not an issue. Yesterday our property lawyers told us the lease only has sixety eight years and thus needs a lease extension. Should we run away, or do we negotiate our offer?
I am currently in the process of refinancing my maisonette in South Molton and the mortgage company that I am looking to move to needs a minimum 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 63 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
We currently own a garden flat in South Molton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 71 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
We have a two bedroom first floor purpose built flat in South Molton with a lease of 62 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?