Taunton Lease Extension - Your Legal Fees Calculator
FAQs concerning Taunton Lease Extensions
I bought a flat in Taunton with a leasehold unexpired approximately 75 years and need to extend it. Please can you clarify the next steps
I'm wanting to make an offer on a house in Taunton 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 Yorkshire Building Society giving us the mortgage now?
I have my suspicions that my niece might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Taunton, where the lease is roughly seventy six years but she was told by the selling agents that the current owner had extended it to 99 years. Only now has she been informed the homeowner was waiting for her to retain conveyancers ahead of instigating the lease extension. Sounds devious, also it may take a while to sort it all out. Am I being too sceptical?
I am a freeholder of a block of flats in Taunton, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds within a month or so. As I am not on self assessment do I write to the tax authorities ?
Me and my husband would like to know the cost of a lease extension valuation for a property based in Taunton. Would you be able to help?
We are concerned about obtaining a lease extension from tricky freeholder. Even though the legal procedures were adhered to under the appropriate legislation, the landlord still attempted to charge ground rent of £250 doubling every 25 years of the new term. Can you assist?
My sister is aware that others in the same building previously had a lease extension, and the freeholder was reasonable. Therefore is seems 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?
We currently own a one bedroom apartment in Taunton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety three years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Taunton 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?
I have a lease of 54 years remaining on my flat in Taunton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?