Wareham Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Wareham Lease Extensions
I agreed with the head landlord for a lease extension on our flat located in Wareham, 9.5k for another 90yrs. How long is the process ?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I purchased a studio flat in Wareham. The lease commenced in 1997 for 99 years. Now I am looking for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
I'm looking for a flat to buy in Wareham and I'm not really familiar with the leasehold concept. I've identified a garden flat I like with a 91 years lease. I've read that I can get a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
I am a FTB of a leasehold flat in Wareham. The lease has just 56 years residual lease term and ground rent is £50. Is it possible for the owner to serve the Section 42 Notice and then assign over the right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the seller? To add to the complexity the landlord is absent, so I am not sure how this will play out.
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I am looking to buy a one bed flat in Wareham for asking price of 145k, which has sixety three years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
Although I do not need a lease extension but I do require a vesting order on a property I want to acquire in Wareham. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the garden area.
We are acquiring a one bedroom ground floor purpose built maisonette in Wareham which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our solicitors to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to wait until the new lease is registered?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Wareham