Summertown and Botley Lease Extension - Your Legal Fees Calculator
Common questions relating to Summertown and Botley Lease Extensions
My partner has a flat in Summertown and Botley which we are about to put on the market. The leasehold has roughly 69 years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not a worry. 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.
Possibly made an error, I am seeking a solicitors in Summertown and Botley who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
I am the registered owner of a maisonette in Summertown and Botley. I am looking for a lease extension on the property. It is around 80 years. I would just like to know what your charges are and how long the process takes.
I have a share of the freehold. There are five apartments in the house. All the leaseholders are now seeking lease extensions. What's your solicitors fee?
I am the freeholder of a 1930’s property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 67 years. What are my next steps?
I'm living at parents but have a 2 bed flat in Summertown and Botley let out which has a 74 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 Summertown and Botley 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?
Coming up to 2 years that I have been in my two bedroom second floor purpose built maisonette in Summertown and Botley. I have 72 years outstanding on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners 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?
Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Summertown and Botley. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
My sister is aware that others in the same block had already had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?