Wimborne Lease Extension - Your Legal Fees Calculator
FAQs concerning Wimborne Lease Extensions
I bought a flat in Wimborne with a leasehold unexpired about fivety nine years and need a lease extension. Please can you clarify the next steps
My wife has a flat based in Wimborne which we have just put on the market. The leasehold has around 78 years unexpired on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 899 years remaining so a lease extension is not a concern. 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 true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any feedback would be much appreciated.
I invested in buying a three bedroom ground floor purpose built flat in Wimborne. The start date for the lease was in 1998 for 99 years. Now I am looking for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
My brother and I are proceeding with a purchase of a three bedroom second floor purpose built flat in Wimborne. I was advised that the lease had been extended (seventy nine years outstanding prior to extension). The sales particulars said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The seller supposedly has a quote but no finances to extend as a result the owner wants to exchange and use the my deposit to extend the lease. My question is why has this only just been brought to my attention by my lawyers?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I am looking to buy a one bed flat in Wimborne for asking price of 156k, which has 78 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 query is: If landlord 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?
Me and my husband would like to know the cost of a lease extension valuation for a property based in Wimborne. Is this something you can assist us with?
I'm looking at acquiring an apartment in Wimborne valued at £195,000 the flat has just under 60 years left on the lease. My offer was subject to a lease extension... .. that was back in June, expecting I'd have completed by now. The owner has just informed me that they are prepared to reduce the price by£2k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
My colleague is worried about getting a lease extension from an objectionable freeholder. Notwithstanding that the legal procedures were adhered to under the 1993 Act, the landlord still tried to charge ground rent of £200 increasing by 100% every 25 years of the new term. Can you help?