Southville Lease Extension - Your Legal Fees Calculator
FAQs concerning Southville Lease Extensions
40k agreed with the landlord’s agents, just seeking to find a Southville conveyancers for a lease extension. Our flat has nearon fivety seven yearsoutstanding. Are you able to help us with this situation ?
I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Southville - I wanted to see if with your services this could be extended?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Southville, and my lease will reach 72 years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
I have been in touch with my freeholder to extend my lease for my flat in Southville. His conveyancers has been in contact with charges etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started June 1993.
I will soon view a one bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has sixety seven years remaining on the lease. It is also a repo so I'm guessing that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
My mortgage provider is requesting several hundred pounds for their solicitors to agree a lease extension for my flat in Southville... I can find no reference of this in my mortgage booklet... is this a usual charge?
I am seeking advice as I am interested in a property that has only a fivety five year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?
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?
I'm living at mother and father but have a one bedroom ground floor purpose built maisonette in Southville let out which has a seventy six year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Southville for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
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 doing it?