Umberleigh Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Umberleigh Lease Extensions
I'm wanting to make an offer on a house in Umberleigh but I'm concerned 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 Accord Mortgages Ltd giving us the mortgage now?
We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not an issue. 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 correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any feedback would be much appreciated.
I invested in buying a maisonette in Umberleigh with a leasehold unexpired of sixety three years. I am enquiring about what I will need to spend to extend my lease term
We are in a block containing three flats in Umberleigh and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
Possibly made an error, I am seeking a conveyancing practitioners in Umberleigh who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
Just been over 2 years that I have been in my garden flat in Umberleigh. I have fivety seven yrs remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Umberleigh based solicitors or any will do fine?
I note that your website states the likely fee for dealing with a lease extension is £495. Is that the total cost including value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my one bed flat in Umberleigh
I'm looking for some help concerning a lease extension on my maisonette. I'll be looking to do this next summer as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. You are able to recommend a good property lawyers with expertise in lease extensions. Preferably based in Umberleigh?
My wife and I are aware that others in the same building had already had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?
Do you handle lease extensions on land? (a plot of land in Umberleigh with 82yrs remaining)