Staines Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Staines Lease Extensions
Me and my wife have just bought a ground floor flat inStaines and I'm deliberating extending the lease as soon as practicable e.g. after two years
Hi. I need a conveyancers to have a look at my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.
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 going to purchase a flat in Staines. My offer is conditional upon a lease extension. The current owner’s property lawyers has served 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 Chelsea Building Society. Moreover, which are the following lease extension steps to complete the purchase?
We are in a block consisting of four flats in Staines and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am looking at bidding for an auction property and came upon a one bed flat in Staines. It has just 48 year lease..the seller as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the costly fee to extend the lease and reduced chance of obtaining a mortgage with Barclays ?
I would like some advice on leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Staines area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
My partner and I are hoping to purchase a property (a garden flat inStaines with share of freehold). During our search, we were always looking at properties that had a minimum ninety years remaining. We came across a apartment we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. Today our solicitors informed us the lease only has fivety six years and thus needs a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I am worried about seeking a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were adhered to under the appropriate legislation, the freeholder still tried to get ground rent of £200 increasing by 100% every 25 years of the new lease. Can you assist?
We currently own a one bedroom ground floor purpose built maisonette in Staines and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy nine years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?