Worksop Lease Extension - Your Legal Fees Calculator
Worksop Lease Extensions Example Support Desk Enquiries
I agreed with the head landlord to a lease extension on our flat located in Worksop, 15.5k for an additional 90yrs. Can you please assist us with this situation ?
I want to acquire a leasehold property and lease extension. The owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been missing for slightly less than 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to extend lease and apply for RTM?
My co-lessees and I are in a building made up five flats in Worksop and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
We are proceeding with a purchase of a one bedroom apartment in Worksop. I was advised by the EA that the lease extension had already been completed while on a viewing (75 years outstanding prior to extension). The description on the listing said "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 flat owner supposedly has a quote but no money to extend and consequently the seller wishes to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
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?
My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
My son has a share of freehold, with two other leaseholders in a building in Worksop. House divided into three flats. He has a lease, which has around sixety six years left. How much would it cost for a lease extension and how many years would he need to extend by?
If a leaseholder owns a flat with a lease of under 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?
I'm looking at purchasing a flat in Worksop at a price of £210,000 the flat has something like 71 years left on the lease. My offer was conditional upon the lease being renewed... .. that was back in November, expecting I'd have moved in by Christmas. They have just informed the agent they are willing to reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer