Tavistock Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Tavistock
I’ve just acquired a garden flat based inTavistock and I'm deliberating a lease extension as soon as possible e.g. in 24 months of ownership
My name´s Jacob. I’m flat hunting in Tavistock I'm deliberating offering on a one bedroom ground floor purpose built maisonette online, with approximately 78 years left, how much does it cost on average to extend in this location by, say, 45 years?
I am going to purchase a flat in Tavistock. The offer is conditional upon a lease extension. The current owner’s solicitors has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Santander. Moreover, which are the following lease extension steps to complete the purchase?
We invested in buying a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Tavistock and are therefore considering the option of a vesting order. Is this something you can help us with?
I am a first time buyer of a leasehold flat in Tavistock. The lease has only seventy seven years residual lease term and ground rent is £25. Is it possible for the seller to serve the Notice of Claim and then transfer over the right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
I'm living with my parents but have a one bedroom first floor purpose built flat in Tavistock let out which has a 55 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 Tavistock 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?
If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Tavistock for a three bed flat - sec 42 having been issued?
I am planning on remortgaging my two bedroom second floor purpose built maisonette in Tavistock and the mortgage company that I am looking to move to needs at least 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around 58 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
I have sixety eight years remaining on my lease of a ground floor flat in Tavistock, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable