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How to extend lease to sell - Share of freehold via LTD company

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Comments

  • cherie63
    cherie63 Posts: 31 Forumite
    Tenth Anniversary Combo Breaker
    arambol wrote: »
    Interesting da_rule

    So, for the 5 flats we'd make 5 copies with the new 999 year amendment?

    Ground rent is currents £200 per year per flat. Could we change/reduce that as well?

    We are the same. 5 flats with under 75 yeas left. Did you successfully do this? We're there any issues? Looking forward to your answer.
  • Lawmanuk
    Lawmanuk Posts: 3 Newbie
    edited 2 November 2018 at 12:14AM
    The problem you have with land registry applications is that the land registry may still want ID from all parties if you are not represented by a lawyer. As said above if there is a lender involved you will have to get a lawyer to move the mortgage to the new title. Doing it alone is not going to be easy but it should not cost you more than 500 per flat for a lawyer.
  • Lawmanuk
    Lawmanuk Posts: 3 Newbie
    If you search ‘lease extension share of freehold ‘
    there is plenty of legal advice :o
  • eddddy
    eddddy Posts: 18,583 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Lawmanuk wrote: »
    If you search ‘lease extension share of freehold ‘
    there is plenty of legal advice :o

    Are you replying to the original question asked 15 months ago, or the more recent question from 5 months ago?

    Either way, they may have got the advice they needed by now.
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