Sunninghill Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Sunninghill Lease Extensions
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 balance left 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any suggestions would be much appreciated.
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 invested in buying a studio flat in Sunninghill. I am looking for a lease extension on the property. It is approximately eighty years. I would just like to know what your charges are and how long the process takes.
Are you able to advise on the likely charges and the best way to get a lease extension started? I have slightly more than 55 years left and I own a one bed flat in Sunninghill.
We are considering buying a garden flat in Sunninghill which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
We have owned a leasehold flat for around eighteen years. There are sixety five years outstanding on the lease. Following a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 78 years. I need a property lawyers at my end. Can you advise please? I live near Sunninghill and have a mortgage with Norwich and Peterborough Building Society.
Coming up to 2 years that I have been in my ground floor flat in Sunninghill. I have sixety six yrs left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
I know that others in the same building had already had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of not having formal survey and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you recommend this course of action?
I'm looking for some advice with regard to a lease extension on my studio flat in Sunninghill. 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?