Woodhouse and Handsworth Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Woodhouse and Handsworth Lease Extensions
I'm intending to make an offer on a house in Woodhouse and Handsworth but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Nationwide Building Society giving us the mortgage now?
Hi. I need a conveyancers to have a look at my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
The terms for the lease on my flat in Woodhouse and Handsworth are 95 years from 1 Jan 1988. Can you give me a quote for a lease extension if I give you more specifics please?
I am deliberating whether to purchase the freehold or a lease extension of my property in Woodhouse and Handsworth and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Barclays to free up equity. The adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1979 and since then the ground rent has been raised from £38.00 per annum to £200 per annum.
My husband and I had entered into a purchase of a studio flat in Woodhouse and Handsworth. I was informed that the lease had been lengthened (58 years outstanding prior to extension). The sales particulars stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The owner supposedly has a quote but no funds to extend as a result the flat owner wants to exchange and use the deposit monies for the lease extension. My question is why has this only just been brought to my attention by my conveyancing practitioners?
I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Woodhouse and Handsworth. I would be grateful if you can give me a call when you get a chance to discuss the case.
Me and my wife have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Woodhouse and Handsworth. We have a 75 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
I am planning on refinancing my garden flat in Woodhouse and Handsworth and the new lender that I am looking to switch to needs a minimum 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around sixety three years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
I am currently negotiating a lease extension for my flat in Woodhouse and Handsworth 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?
We have a garden flat in Woodhouse and Handsworth with a lease of sixety seven years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?