Thornton Lease Extension - Your Legal Fees Calculator
FAQs concerning Thornton Lease Extensions
We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years left so a lease extension is not a concern. 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
I have a lease of 64 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
My neighbours and I are in a building made up five flats in Thornton and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
Is it possible to talk with you about an apartment in Thornton, I am considering buying at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
My husband and I have a leasehold flat in Thornton with sixety nine years to run. Last year we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from notional to a little more..plus a premium I think of approximately 14k. Finally we have decided to go ahead but do we now have to start the negotiations again?
We had entered into a purchase of a ground floor flat in Thornton. I was advised by the EA that the lease extension had already been completed while on a viewing (63 years left 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 finances to extend and consequently the homeowner wishes to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
I'm looking at acquiring an apartment in Thornton valued at £256,000 the flat has approaching 65 years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in August, hoping I'd have completed by Christmas. The owner has just informed the agent that they are prepared to knock £3k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
I own the freehold of a couple of flats. Someone has the lease on the lower flat in Thornton. I reside in the top flat. I was reviewing the land registry documents recently when I noticed that my flat is leasehold. There is 61 years outstanding. If I want to do a lease extension then would I simply be paying for the property lawyers costs?
We have a maisonette in Thornton with a lease of 55 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?
I'm looking for some advice with regard to a lease extension on my ground floor flat in Thornton. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?