Wroxham Lease Extension - Your Legal Fees Calculator
Wroxham Lease Extensions Example Support Desk Enquiries
I inherited a flat in Wroxham with a leasehold unexpired about sixety seven years and need to extend it. Please can you clarify the next steps
I'm intending to make an offer on a house in Wroxham 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 The Mortgage Works giving us the mortgage now?
We have seen a house for sale for £215k 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 required. 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 25 years without owning the property. Any guidance would be much appreciated.
I am looking for a conveyancing practitioners in Wroxham and they need to be on the Nationwide Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
I am looking to purchase a garden flat in Wroxham with a lease of 67 years but unsure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I am a FTB of a leasehold flat in Wroxham. The lease has only seventy eight years unexpired and ground rent is £25. Is it possible for the owner to serve the Notice of Claim and then assign this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how does it work.
My lawyers (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?
Just been over two years that I have owned my one bedroom apartment in Wroxham. I have 73 yrs outstanding on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
If somebody 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?
I have 68 years remaining on my lease of a ground floor flat in Wroxham, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable