Southville Lease Extension - Your Legal Fees Calculator
Common questions relating to Southville Lease Extensions
I have shares in the freehold of buildings comprising of six flats each. 2 of the leaseholders want a lease extension and I'm wondering about the the process
I need to negotiate a lease extension for a flat in Southville and want to use a local property lawyers. Are you able to help me find a property lawyers?
I'm about to make an offer on a house in Southville 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 Birmingham Midshires giving us the mortgage now?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am planning to get a lease extension and am wondering which 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?
My husband and I have owned a leasehold flat for about eighteen years. There are sixety six years unexpired lease on the lease. After a year of protracted negotiations through my conveyancers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.
I am the freeholder of a Edwardian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 62 years. What are my next steps?
Me and my husband would like to know the cost of a lease extension valuation for a property based in Southville. Is this something you can assist us with?
I am currently negotiating a lease extension for my flat in Southville 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?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Southville