Bedfont Lease Extension - Your Legal Fees Calculator
Bedfont Lease Extensions: Q and A’s
I want to purchase a leasehold property and lease extension. The current owner has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
We are in a block of three flats in Bedfont and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
In 2012 I purchased a leasehold apartment in Bedfont. I have built a huge extension and have not informed my freeholder. What are my options?
I am considering buying an auction property and identified a two bed flat in Bedfont. It only has a fifty year lease..the current owner as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this other than the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with The Royal Bank of Scotland?
My flat in Bedfont is up for sale and I have a hopefully firm offer. There is 82 years remaining on the lease and I want to extend the lease. What will it likely cost to extend in this area by, say,25 years
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
Coming up to 2 years that I have been in my one bedroom apartment in Bedfont. I have 68 years left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers 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?
I have a freehold of a 2 bedroom flat in Bedfont. The leaseholders have fivety four years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
We are in the throws of buying a home (a garden flat inBedfont with share of freehold). During our search, we were always looking at flats that had at least eighty five years outstanding. We identified a place we liked and the estate agent assured that the lease term was not an issue. Today our solicitors told us the lease only has fivety four years and thus needs a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Bedfont