Totnes Lease Extension - Your Legal Fees Calculator
Common questions relating to Totnes Lease Extensions
We have just completed on a 2 bed conversion flat based inTotnes and I'm thinking about a lease extension as soon as practicable e.g. after 24 months of ownership
I'm wanting to make an offer on a house in Totnes 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 Norwich and Peterborough Building Society giving us the mortgage now?
We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 798 years remaining so a lease extension is not a worry. 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any feedback would be much appreciated.
I am looking to buy a three bed flat in Totnes with a lease of sixety five years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I bought a studio flat in Totnes. The lease started in 1997 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
My wife and I have a ground floor flat in Totnes with 55 years unexpired. Last year we were quoted a deal to receive a lease extension for another fifty years but also uplift the ground rent from notional to £300 per year..plus a premium I think of about 16k. We have now decided to go ahead but do we now have to renegotiate?
Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Totnes. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my garden flat in Totnes
I am planning on refinancing my 2 bed flat in Totnes and the new lender that I am looking to switch to requires at least 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around seventy eight years on the leasehold so require some advice, guidance, and some quotes to set the wheels in motion for a lease extension
We currently own a 2 bed flat in Totnes 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 sixety six years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?