Wetherby Lease Extension - Your Legal Fees Calculator
Wetherby Lease Extensions: Q and A’s
I have got a leasehold flat in the Wetherby area and was wondering if I could obtain a lease extension. What are your processes and fees. Has 68 years residual lease term
I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Wetherby - I wanted to see if with your services it is possible for this to be extended?
I'm looking for an apartment to buy in Wetherby and I'm not really familiar with the leasehold arrangement. I've identified a maisonette I like with a 82 years lease. My research reveals that I can go for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
I am about to view a two bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has seventy six years unexpired on the lease. It is also a repo so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
Re a property in Wetherby. GFF maisonette. 76 yrs unexpired. I have negotiated a lease extension price of £12,000 for 125yrs. Landlord also insisted on Notice of Claim which I think is a tad over the top. Can you assist.
I am looking to buy a one bed flat in Wetherby for asking price of 125k, which has 59 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 easy is the process of going down the route of Leasehold Valuation Tribunal?
It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost including vat and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my one bedroom apartment in Wetherby
We are acquiring a maisonette in Wetherby which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our lawyers to do OS1 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 has not been issued. Is it correct that we must hold on until the new lease is registered?
We currently own a ground floor flat in Wetherby and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety two years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Wetherby as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?