Timperley Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Timperley Lease Extensions
I’m just looking for a a property to buy in the Timperley area and was enquiring how much would it cost to extend a lease? It has sixety four years remaining...
I'm thinking of purchasing a ground floor flat (leasehold) but the freeholder has been missing for just over 15yrs. I wonder whether it will be less expensive to try to buy the freehold or to extend lease and apply for right to manage?
I am deliberating whether to purchase the freehold or a lease extension of my property in Timperley and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Clydesdale to free up equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £25.00 per annum to £200 per annum.
I am about to view a one bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 62 years unexpired on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
We are looking to extend our lease having owned the place for 2 years as of 11th May 2015. It has just over 62 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as is reasonably achievable.
My wife and I would like to know the cost of a lease extension valuation for a property based in Timperley. Would you be able to help?
My wife and I are acquiring a garden flat in Timperley which has share of freehold and a leasehold. The lease was on the short side so the seller commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our lawyers to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must wait until the new lease is registered?
I am concerned about getting a lease extension from tricky landlord. Regardless of the fact that the correct procedures were adhered to under the appropriate legislation, the landlord still attempted to charge ground rent of £250 doubling every twenty years of the new term. Can you assist?
We currently own a maisonette in Timperley and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 67 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
I have 66 years remaining on my lease of a ground floor flat in Timperley, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high