Yeovil Lease Extension - Your Legal Fees Calculator
FAQs concerning Yeovil Lease Extensions
I have an interest in the freehold of buildings comprising of six flats each. Two of the leaseholders want a lease extension and I'm curious about the procedure for this
I am looking for a lease extension on the lease on my garden flat in Yeovil which will have 74 years left in January. What fees apply?
I want to buy a leasehold property and extend the lease. The owner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
Possibly made a mistake, I am seeking a solicitors in Yeovil who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
The terms for the lease on my apartment in Yeovil are 95 years from 15 Jan 1980. Please supply me me a quote to extend the lease if I give you more details please?
I need to talk to you about a flat in Yeovil, I am considering bidding at auction in the next few days. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
I am thinking about buying an auction property and identified a two bed flat in Yeovil. It has just 49 year lease..the vendor being mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this other than the costly fee to extend the lease and reduced chance of getting a mortgage with Bank of Scotland?
I am the owner of a purpose-built flat in a large development in Yeovil. The leasehold interest in the flat on a 101 year lease which commenced on 2nd October 1980 with a non-reviewable yearly rent of 45. I would like to obtain a lease extension. Can I talk with someone to go through my options please?
Just been over two years that I have owned my one bedroom second floor purpose built flat in Yeovil. I have fivety nine yrs left on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 445k. 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?