Lease Extensions in Southville

Sample questions relating to Southville Lease Extensions

I’m about to offer on a one bedroom apartment to purchase in the Southville area and was wondering how much would it cost for a lease extension? It has 65 years left...

I would like to have my residential flat leasehold extension premium valued. The flat is in Southville, and my lease will reach sixety nine years this July. 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 am going to purchase a flat in Southville. The offer is conditional upon a lease extension. The seller’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?

Possibly made a mistake, I am searching for a in Southville who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?

I will soon view a two bedroom apartment, 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 seven years outstanding on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?

Re a leasehold in Southville. upper maisonette. 68 yrs left. I have negotiated a lease extension price of £12,000 for 135yrs. Landlord also requested Notice of Claim which I think is a bit over the top. Advice required.

I am in need of a lease extension for my flat in Southville and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

Just been over two years that I have owned my ground floor flat in Southville. I have 63 years outstanding on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?

Just a quick question, how much is the premium payable for a lease extension on a residential property in Southville for a three bed flat - section 42 is already in place?

I have sixety years remaining on my lease of a ground floor flat in Southville, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Southville