Whitmore Lease Extension - Your Legal Fees Calculator
Whitmore Lease Extensions Example Support Desk Enquiries
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'm considering buying a two bedroom second floor purpose built flat (leasehold) but the freeholder has been absent for circa 15yrs. I wonder whether it will be less expensive to try to acquire the reversionary title or to extend lease and apply for right to manage?
I am about to view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has fivety nine years left on the lease. It is also a repo so I'm guessing that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
I wondered if you could help me on the likely financials and the best way to start the lease extension process? I have just over seventy seven years left and I own a ground floor flat in Whitmore.
I am concerned that my daughter might be having the wool pulled over her eyes. She put in an offer on a garden flat in Whitmore, where the lease is slightly more seventy eight years but she was advised by the estate agents that the current owner had extended it to 99 years. Only now has she been informed the flat owner was waiting for her to instruct lawyers before commencing with the lease extension. Seems underhand, also it could take months to sort it all out. Am I reading too much into it?
I have a share of the freehold. There are four flats in the building. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
Although I do not need a lease extension but I do need a vesting order on a property I want to buy in Whitmore. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the garden area.
If a leaseholder 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?
Hello I own the freehold interest in a 2 bedroom flat in Whitmore. The leaseholder has a 76 year lease and would like to purchase an additional 90 years. He is offering me £21,000 but I am unsure if this is too low an offer
Just a quick question, how much does it cost for a lease extension on a residential property in Whitmore for a two bed flat - section 42 is already in place?