Sample questions relating to Undy Lease Extensions
I have just purchased a ground floor flat based inUndy and I'm thinking about extending the lease as soon as possible e.g. after two years
I want to purchase a leasehold property and extend the lease. The homeowner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
Hi. I need someone to have a look at my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few small changes.
I am looking to purchase a one bedroom first floor purpose built maisonette in Undy with a lease of fivety seven years but have no idea how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I am looking to either purchase the freehold or a lease extension of my property in Undy and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Halifax to release of equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease started in 1991 and since then the ground rent has increased from £25.00 per year to £300 per year.
Last year I purchased a leasehold flat in Undy. I have built a huge extension and have not informed my freeholder. What are my options?
My dad has a share of freehold, with two other leaseholders in a building in Undy. House split into three flats. He has a lease, which has approximately sixety eight years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
I am the freeholder of a Georgian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy years. What are my next steps?
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 doing it?
I'm looking at buying an apartment in Undy valued at £195,000 the flat has approximately 62 years unexpired on the lease. My offer was conditional upon a lease extension... .. that was back in August, hoping I'd have completed by now. They have just informed me that they are prepared to reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer