Stilton Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Stilton Lease Extensions
I think our conveyancers has advised us incorrectly concerning a lease extension and I want to find out how to complain
I'm about to make an offer on a house in Stilton 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 Clydesdale giving us the mortgage now?
Hi. I need someone to have a look at my lease extension ahead of it being signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
What will I need to spend and what is the best way to get a lease extension started? I have nearly sixety three years unexpired lease on my lease on a ground floor flat in Stilton. I have called the managing agents who represent the landlord and they sent me the number for the surveyor. I telephone the valuer but I am not receiving any returned calls.
I have my suspicions that my daughter might be having the wool pulled over her eyes. She submitted an offer on a one bedroom apartment in Stilton, where the lease is nearly fivety nine years but she was told by the estate agents that the seller had extended it to 125 years. She has now been told the flat owner was waiting for her to appoint conveyancers before commencing with the lease extension. Sounds odd to me, also it could take a while to sort it all out. Am I reading too much into it?
I'm living with my mum and dad but have a garden flat in Stilton let out which has a 62 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Stilton for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost including vat and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my garden flat in Stilton
My wife and I are are hoping to complete on a ground floor flat in Stilton which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our conveyancing practitioners to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our property lawyers 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 have to wait pending registration of the new lease?
I am planning on remortgaging my garden flat in Stilton and the next lender that I am looking to switch to needs at least 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around sixety seven years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension
I am currently negotiating a lease extension for my flat in Stilton 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?