Taunton Lease Extension - Your Legal Fees Calculator
Common questions relating to Taunton 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 899 years left so a lease extension is not an issue. 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 twenty years without owning the property. Any guidance would be much appreciated.
I'm looking for a flat to buy in Taunton and I'm not really familiar with the leasehold concept. I've found a place I like with a 90 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with the mortgage?
I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a studio flat in Taunton, where the lease is around 76 years but she was advised by the estate agents that the owner had extended it to 99 years. Only now has she been told the vendor was waiting for her to instruct conveyancers before commencing with the lease extension. Seems unscrupulous, also it will take months to sort it all out. Am I reading too much into it?
I own a share of the freehold. There are five apartments in the building. All the leaseholders are now requiring lease extensions. Are you able to assist us with this situation?
We have owned a leasehold flat for about eighteen years. There are seventy four years remaining on the lease. After a year of difficult negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around sixety six years. I need a property lawyers at my end. Can you advise please? I live near Taunton and have a mortgage with The Mortgage Works.
I have a flat in Taunton with sixety four years remaining on the lease. I need a conveyancers to help me get a lease extension. Can you assist?
I am the registered freeholder to two flats. Someone has the lease on the ground flat in Taunton. I reside in the top flat. I was reviewing the land registry documents yesterday when I noticed that my flat has a lease on it. There is sixety seven years residual lease term. Is it possible to do a lease extension without retaining a lawyers?
I'm seeking some advice concerning extending the lease on my apartment. The plan is to do this in nine months time as we must move 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 LVT route. You are able to recommend a good conveyancers with expertise in lease extensions. Ideally someone in Taunton area?
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?