Common questions relating to Yate Lease Extensions
I’m about to offer on a garden flat to purchase in the Yate area and was after more information on what the likely fees would be for a lease extension? It has 62 years remaining...
I plan on buying a flat based in Yate. The offer is conditional upon a lease extension. The seller’s lawyers has served the Section 42 Notice. 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 Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
Think I may have made an error, I am seeking a lawyers in Yate who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
I purchased a garden flat in Yate. I am looking to extend lease on the property. It is around eighty one years. I would just like to know what your charges are and how long the process takes.
I am considering bidding for an auction property and found a studio flat in Yate. It only has a 48 year lease..the vendor as mortgagees in possession will not want the aggravation of seeking a lease extension..what are the disadvantages of this other than the huge fee to put a new lease on it and reduced chance of getting a mortgage with HSBC Bank?
I do not need a lease extension but I do need a vesting order on a property I want to acquire in Yate. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my three bedroom ground floor purpose built flat in Yate
We know that others in the same building had already had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Would you recommend such a course of action?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Yate
I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Yate. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?