Frequently asked questions relating to Yate Lease Extensions
I am fairly sure that our conveyancers has advised us incorrectly concerning a lease extension and I would like to know how to complain
I am looking for a conveyancing practitioners in Yate and they need to be on the TSB approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
I acquired a maisonette in Yate. The lease started in 1992 for 99 years. Now I am looking for a lease extension. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
My mortgage lender requires a £500 fee for their solicitors to agree a lease extension for my flat in Yate... I am unable to find any mention of this in my mortgage contract... is this a usual charge?
I intend to buy a one bed flat in Yate for asking price of 145k, which has sixety three 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?
My father has a share of freehold, with two other leaseholders in a building in Yate. House divided into three flats. He has a lease, which has approximately 68 years left. How much would it cost for a lease extension and how many years would he need to extend by?
We have owned a leasehold flat for approximately eighteen years. There are 64 years outstanding on the lease. Following a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome advice.
Hello I own the freehold reversion in a 2 bedroom flat in Yate. The leaseholder has a sixety six year lease and would like to purchase an additional 125 years. He is offering me £18,000 but I am not sure if this is a correct amount
I'm intent on purchasing a flat in Yate valued at £256,000 the flat has just under 54 years unexpired on the lease. I put in an offer subject to the lease being extended... .. that was back in September, expecting I'd have moved in before now. The owner has just informed the agent they'll knock £4k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
We know that others in the same block previously had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous prices . This would save on double valuation charges. Would you suggest this course of action?