Southwold Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Southwold Lease Extensions
I own a flat in Southwold with a leasehold unexpired nearly sixety seven years and need to extend it. Please can you advise me of the next steps
Hello, I am looking somewhere around or in Southwold 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
I am going to purchase a flat in Southwold. The offer is conditional upon a lease extension. The homeowner’s property lawyers has given to the freeholder the Section 42 Notice. 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 Lloyds TSB Bank. Moreover, which are the following lease extension steps to complete the purchase?
I need to talk to you about a flat in Southwold, I am considering buying at auction next week. The flat only has a few years unexpired lease and I was wondering about what it would cost to get a lease extension and for your services.
I am a FTB of a leasehold flat in Southwold. The lease has just seventy seven years balance left and ground rent is £75. Is it possible for the flat owner to serve the Initial Notice and then transfer this right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the vendor? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
My mortgage lender requires a £600 fee for their conveyancers to approve the lease extension deed for my flat in Southwold... I am unable to find any reference of this in my mortgage contract... is this a normal cost that they charge?
Ref a residence in Southwold. GFF maisonette. 72 yrs left. I have an agreed lease extension to £20k for 115yrs. Landlord also insisted on Initial Notice which I think should not be required. Can you assist.
If somebody owns a flat with a lease of under 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?
My wife and I are worried about getting a lease extension from tricky landlord. Notwithstanding that the correct procedures were adhered to under the 1993 Act, the freeholder still tried to get ground rent of £300 increasing by 100% every twenty years of the new term. Can you help?
I am planning on remortgaging my one bedroom apartment in Southwold and the next lender that I am looking to switch to requires at least 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around 76 years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process