Wallsend Lease Extension - Your Legal Fees Calculator
Wallsend Lease Extensions: Q and A’s
I need to extend my current lease can you help me with that? I think it has 56 years unexpired
We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 899 years residual lease term so a lease extension is not required. 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 25 years without the house being ours. Any suggestions would be much appreciated.
We own a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Wallsend and looking to do a vesting order. Is this something you can help us with?
My mortgage provider is requesting a £500 fee for their lawyers to agree a lease extension for my flat in Wallsend... I am unable to find any reference of this in my mortgage guide... is this a usual cost that they charge?
My flat in Wallsend is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want to extend the lease. How much does it cost on average to extend in this area by, say,fifty years
I am looking to buy a one bed flat in Wallsend for asking price of 156k, which has sixety four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
My property 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?
My partner and I have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Wallsend. We have a fivety five year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
My fiance and I are hoping to acquire a flat (a ground floor flat inWallsend with share of freehold). During our search, we were always looking at flats that had at least eighty five years left. We identified a flat we liked and the selling agent assured that the lease term was not an issue. Today our solicitors informed us the lease only has sixety years and thus needs a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
Are you able to provide an estimate to extend my aunt’s lease on a garden flat in Wallsend. She recently got a figure from the freeholder for a lease extension but I am far from certain if it is too expensive.