Torrington Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Torrington Lease Extensions
My partner has a flat in Torrington which we have just put on the market. The leasehold has just under 77 years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Thank you.
I'm intending to make an offer on a house in Torrington but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Ireland giving us the mortgage now?
I have a lease of seventy three years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I'm thinking of buying a maisonette (leasehold) but the freeholder has been missing for roughly 15yrs. My query is would it be cheaper to try to purchase the reversionary title or to get a lease extension and apply for right to manage?
I have my suspicions that my niece might have had the wool pulled over her eyes. She put in an offer on a garden flat in Torrington, where the lease is around 69 years but she was informed by the estate agents that the owner had extended it to 99 years. Only now has she been advised the current owner was waiting for her to retain solicitors prior to commencing with the lease extension. Sounds odd to me, also it may take time to sort it all out. Am I reading too much into it?
We are looking to extend our lease having owned the apartment for 2 years as of 22nd May 2015. It has approximately 69 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
I would like some advice on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Torrington area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
My son has a share of freehold, with two other leaseholders in a building in Torrington. House split into three flats. He has a lease, which has approximately seventy two yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
If somebody owns a flat with a lease of less than 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?
I am planning on remortgaging my studio flat in Torrington and the mortgage company that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around 76 years on the leasehold so require some advice, guidance, and some quotes to set the wheels in motion for a lease extension