Bowes Park Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Bowes Park Lease Extensions
We are in a building consisting of three flats in Bowes Park and have been offered to buy the freehold for £6000 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?
I am looking to either purchase the freehold or a lease extension of my property in Bowes Park and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Alliance & Leicester to release of equity. The adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1972 and since then the ground rent has been raised from £25.00 per year to £200 per annum.
I'm looking for an apartment to purchase in Bowes Park and I'm not really familiar with the leasehold concept. I've identified a garden flat I like with a 90 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
We have a one bedroom flat in Bowes Park. There is eighty years left on the lease and we want to extend the lease. How much does it cost on average to extend in this area by, say,thirty years
We have owned a leasehold flat for around eighteen years. It now has seventy nine years unexpired lease on the lease. After a year of difficult negotiations through my lawyers 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 appreciate some independent thoughts.
Me and my sister would like to know the cost of a lease extension valuation for a property based in Bowes Park. Would you be able to help?
I am in need of some help with a lease extension. I live in Belfast but the property in question is based in Bowes Park. I would be grateful if you can give me a call when you get a chance to discuss the case.
We have been in discussion with our freeholder after having a valuation on our garden flat in Bowes Park. We have a seventy eight year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
Hello I am the freeholder reversion in a 3 bedroom flat in Bowes Park. The leaseholder has a 66 year lease and would like to purchase further 90 years. He is offering me £21,000 but I am unsure if this is too low an offer
I have 54 years remaining on my lease of a ground floor flat in Bowes Park, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable