Topsham Lease Extension - Your Legal Fees Calculator
Topsham Lease Extensions: Q and A’s
We agreed with the landlord for a lease extension on our flat located in Topsham, 11k for another 90yrs. Are you willing to guide us with this situation ?
I invested in buying a garden flat located in Topsham with a leasehold unexpired of sixety nine years. I am enquiring about what it will cost me to extend my lease term
Possibly made a mistake, I am seeking a lawyers in Topsham who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
I inherited a studio flat in Topsham. I am looking for a lease extension on the property. It is approximately eighty one years. I would just like to know what your charges are and how long the process takes.
I am deliberating whether to purchase the freehold or a lease extension of my property in Topsham and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with The Mortgage Works to free up equity. My adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease started in 1979 and since then the ground rent has been raised from £38.00 per year to £300 per annum.
I am about to view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 67 years left 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?
My father has a share of freehold, with two other leaseholders in a building in Topsham. House split into three flats. He has a lease, which has circa 65 years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
If a leaseholder 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?
My fiance and I are are hoping to complete on a maisonette in Topsham which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our conveyancers to do a "priority search" on the property title. The problem 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 has not been issued. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
My sister is concerned about seeking a lease extension from an objectionable landlord. Regardless of the fact that the correct procedures were followed under the 1993 Act, the landlord still tried to get ground rent of £300 doubling every twenty five years of the new lease. Can you help?