St George Lease Extension - Your Legal Fees Calculator
Questions and Answers: St George Lease Extensions
I bought a one bedroom apartment in St George that I am now unable to sell as a result of the lease needing a lease extension. What's your solicitors fee ?
I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm wondering about the the process
I'm about to make an offer on a house in St George 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 The Mortgage Works giving us the mortgage now?
I want to acquire a leasehold property and extend the lease. The current owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 928 years balance left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any guidance would be much appreciated.
I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a one bedroom apartment in St George, where the lease is around 69 years but she was told by the selling agents that the current owner had extended it to 125 years. Only now has she been advised the vendor was holding off for her to instruct solicitors ahead of instigating the lease extension. Sounds underhand, also it will take months to sort it all out. Am I being too sceptical?
I am looking to buy a one bed flat in St George for asking price of 125k, which has 78 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
My OH and I are are hoping to complete on a ground floor flat in St George which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our property lawyers to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must wait pending registration of the new lease?
I am concerned about getting a lease extension from an objectionable freeholder. Notwithstanding that the legal procedures were followed under the 1993 Act, the freeholder still attempted to charge ground rent of £250 doubling every 25 years of the new lease. Can you help?
I have sixety three years remaining on my lease of a ground floor flat in St George, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable