Trentham Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Trentham Lease Extensions
Me and my OH are seeking a lease extension for our ground floor flat based in Trentham and we don't fully comprehend the letter that we received from our landlord company. Are you able to assist us with this situation?
I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has seventy two years balance left
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has seventy years residual lease term.
We have seen a house for sale for £215k and we are very interested but we've just discovered 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 twenty years without owning the property. Any suggestions would be much appreciated.
I'm thinking of buying a maisonette (leasehold) but the landlord has been missing for circa 15yrs. My question is would it be less expensive to try to buy the reversionary title or to extend lease and apply for RTM?
I am the registered owner of a two bedroom ground floor purpose built maisonette in Trentham. I am looking for a lease extension on the property. It is nearon eighty years. I would just like to know what your charges are and how long the process takes.
I'm looking for an apartment to buy in Trentham and I'm not really familiar with the leasehold tenure. I've identified a maisonette I like with a 90 years lease. I've read that I can get a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Bank of Ireland?
I am concerned that my daughter is being hoodwinked. She submitted an offer on a maisonette in Trentham, where the lease is circa seventy years but she was informed by the selling agents that the vendor had extended it to 125 years. She has now been informed the vendor was waiting for her to instruct lawyers prior to commencing with the lease extension. Sounds devious, also it will take a while to sort it all out. What do you think?
My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
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?