Tibshelf Lease Extension - Your Legal Fees Calculator
Common questions relating to Tibshelf Lease Extensions
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 purchased a ground floor flat in Tibshelf. The start date for the lease was in 1991 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
We invested in buying a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Tibshelf and looking to do a vesting order. Is this something you can help us with?
I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a one bedroom apartment in Tibshelf, where the lease is around 68 years but she was advised by the estate agents that the vendor had extended it to 99 years. Only now has she been informed the owner was holding off for her to retain conveyancers ahead of instigating the lease extension. Seems odd to me, also it could take months to sort it all out. Am I being too sceptical?
Regarding a leasehold in Tibshelf. upper maisonette. 69 yrs remaining. I have an agreed lease extension to £20k for 125yrs. Freeholder also requested Section 42 Notice which I think should not be necessary. Advice required.
My partner and I had entered into buying a studio flat in Tibshelf. I was advised by the EA that the lease extension had already been completed while on a viewing (66 years remaining prior to extension). The sales particulars said "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The owner supposedly has a quote but no finances to extend and consequently the homeowner intends to exchange and use the 10% deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?
I intend to buy a one bed flat in Tibshelf for asking price of 156k, which has sixety four years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
Coming up to 2 years that I have owned my one bedroom apartment in Tibshelf. I have seventy six yrs left on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Tibshelf based property lawyers or any will do fine?
I am worried about getting a lease extension from tricky freeholder. Even though the correct procedures were followed under the appropriate legislation, the landlord still attempted to charge ground rent of £250 doubling every twenty five years of the new lease. Can you help?
I have a lease of fivety eight years remaining on my flat in Tibshelf. 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?