Wide Open Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Wide Open Lease Extensions
My husband agreed with the head landlord to a lease extension on our flat based in Wide Open, 6.5k for another 90yrs. What's your solicitors fee ?
We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years unexpired so a lease extension is not a worry. 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 feedback would be much appreciated.
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 am going to purchase a flat in Wide Open. The offer is subject to the lease extension. The owner’s conveyancing practitioners has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
I am the owner of a purpose-built apartment in a small development in Wide Open. The leasehold interest in the apartment on a 99 year lease which commenced on 2nd October 1980 with a fixed ground rent of £15 per annum. I wish to obtain a lease extension. Is it possible for me to talk with someone to go through my options please?
I would like some guidance on purchasing a leasehold residence. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Wide Open area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
My husband has a share of freehold, with two other leaseholders in a building in Wide Open. House divided into three apartments. He has a lease, which has around seventy five yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
We have owned a leasehold flat for approximately fifteen years. It now has 64 years unexpired lease on the lease. After a year of difficult negotiations through my lawyers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
I am looking to extend the lease on my one bedroom apartment in Wide Open I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
We have a garden flat in Wide Open with a lease of 75 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?