Binstead Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Binstead Lease Extensions
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 65 years balance left.
I am looking into the costs of carrying out a lease extension for my ground floor flat in Binstead, and would like some figures on that.
I am looking to either purchase the freehold or a lease extension of my property in Binstead and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Barclays to free up equity. My broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1991 and since then the ground rent has increased from £25.00 per year to £125 per annum.
In 2010 I purchased a leasehold apartment in Binstead. I have built a big extension and have not informed my leaseholder. What are my options?
I will soon view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy seven years remaining on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
We are looking to extend our lease. We will have been in the place for 2 years as of 11th March 2016. It has roughly fivety seven years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
Me and my husband are proceeding with buying a three bedroom ground floor purpose built maisonette in Binstead. I was advised by the EA that the lease extension had already been completed while on a viewing (sixety five years left prior to extension). The sales particulars stated "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The vendor supposedly has a quote but no funds to extend as a result the current owner wants to exchange and use the my deposit for the lease extension. My question is how is possible that the estate agent got it so wrong?
I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety six years. I need a conveyancers at my end. Can you advise please? I live near Binstead and have a mortgage with Aldermore.
I'm looking at buying a flat in Binstead valued at £195,000 the flat has approaching sixety two years unexpired on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in September, hoping I'd have moved in before Christmas. They have just come back saying they are willing to knock £3k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
I have sixety six years remaining on my lease of a ground floor flat in Binstead, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable