Sprotbrough Lease Extension - Your Legal Fees Calculator
Sprotbrough Lease Extensions: Q and A’s
I own a leasehold flat in the Sprotbrough area and was wondering whether I could obtain a lease extension. What are your processes and charges. Has seventy years remaining
I am about to put an offer in on a ground floor flat in Sprotbrough with a lease of sixety eight years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I own a one bedroom apartment in Sprotbrough. The start date for the lease was in 1998 for 99 years. Now I am looking for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
I am a first time buyer of a leasehold flat in Sprotbrough. The lease has just sixety years outstanding and ground rent is £25. Is it possible for the vendor to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting 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 is legal but will it be very time costly to the flat owner? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
I am looking at buying an auction property and came upon a studio flat in Sprotbrough. It has just 50 year lease..the current owner being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this other than the costly fee to extend the lease and decreased chance of getting a mortgage with Skipton Building Society?
Offer accepted on a a one bed flat in Sprotbrough, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged within a week. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I intend to buy a one bed flat in Sprotbrough for asking price of 145k, which has 76 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
I am worried about seeking a lease extension from an objectionable freeholder. Notwithstanding that the legal procedures were adhered to under the 1993 Act, the landlord still tried to charge ground rent of £250 increasing by 100% every 25 years of the new term. Can you assist?
I am currently negotiating a lease extension for my flat in Sprotbrough 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?