Temple Fortune Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Temple Fortune Lease Extensions
I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Temple Fortune - I wanted to see if with your services this could be extended?
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'm thinking of purchasing a garden flat (leasehold) but the freeholder has been absent for nearly 15yrs. I wonder whether it will be less expensive to try to buy the freehold or to get a lease extension and apply for RTM?
We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Temple Fortune and are therefore deliberating the option of a vesting order. Is this something you can help us with?
Is it possible to talk with you about a leasehold property in Temple Fortune, I am thinking of bidding at auction next month. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
My apartment in Temple Fortune is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want a lease extension. What will it likely cost to extend in this area by, say,25 years
My husband and I had entered into a purchase of a studio flat in Temple Fortune. I was advised by the EA that the lease extension had already been completed while on a viewing (70 years remaining prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The flat owner apparently has a quote but no money to extend as a result the vendor intends to exchange and use the 10% deposit for the lease extension. My question is why has this only just been brought to my attention by my lawyers?
My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I am planning to extend the lease on my garden flat in Temple Fortune I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
We are in the throws of buying a flat (a maisonette based inTemple Fortune with share of freehold). During our search, we were always looking at apartments that had at least eighty five years left on the lease. We found a apartment we fell in love with and the estate agent assured that the lease term was not an issue. Today our conveyancers told us the lease only has 73 years and thus requires a lease extension. Should we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?