Stocksfield Lease Extension - Your Legal Fees Calculator
FAQs concerning Stocksfield Lease Extensions
Hi, I am looking somewhere around or in Stocksfield 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 looking to extend the lease on my one bedroom apartment in Stocksfield which will have sixety three years outstanding in September. What fees do you charge for this?
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 have been in touch with my freeholder for a lease extension for my flat in Stocksfield. His lawyers has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started Septembmer 1993.
I'm thinking of buying a studio flat (leasehold) but the freeholder has been absent for roughly 15yrs. My question is would it be less expensive to try to purchase the freehold or to extend lease and apply for right to manage?
Me and my fiance are proceeding with a purchase of a garden flat in Stocksfield. I was told that the lease had been extended (74 years unexpired lease prior to extension). The sales particulars stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The owner supposedly has a quote but no finances to extend as a result the owner wants to exchange and use the deposit monies for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
Just been over two years that I have been in my garden flat in Stocksfield. I have 56 yrs outstanding on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
If a leaseholder 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 doing it?
Do you handle lease extensions on land? (a plot of land in Stocksfield with 82yrs remaining)
I'm looking for some advice with regard to a lease extension on my garden flat in Stocksfield. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?