Swanage Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Swanage
So this is the scenario: I purchased a one bedroom apartment in Swanage that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?
I'm about to make an offer on a house in Swanage but I'm concerned 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 Bank of Ireland giving us the mortgage now?
I am looking for a property lawyers in Swanage and they should be on the Nationwide Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?
I am considering purchasing an auction property and found a one bed flat in Swanage. It only has a 49 year lease..the vendor as mortgagees in possession will not want to mess around with applying for a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and decreased chance of getting a mortgage with Accord Mortgages Ltd?
Coming up to two years that I have been in my three bed flat in Swanage. I have sixety seven years left on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 445k. 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: 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 drags to the tribunal etc)?
I'm looking at purchasing a flat in Swanage valued at £256,000 the flat has approximately 61 years remaining on the lease. I put in an offer conditional upon the lease being extended... .. that was back in June, expecting I'd have moved in before Christmas. The owner has just come back saying that they are prepared to knock £4k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
Me and my partner are buying a studio flat in Swanage which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The seller 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 conveyancing process is for our property lawyers to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
I am the freeholder of a property in Swanage where the leaseholder would like a lease extension. Her valuer has suggested a figure of £8,000, but has upped this to £10,000 without too much effort. My valuer has recommended a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
Are you able to provide an estimate to extend my mum’s lease on a one bedroom second floor purpose built maisonette in Swanage. She recently got a price from the landlord for a lease extension but I am far from certain if it is too expensive.
I have sixety seven years remaining on my lease of a ground floor flat in Swanage, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high