Bowthorpe Lease Extension - Your Legal Fees Calculator
Questions and Answers: Bowthorpe Lease Extensions
I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm wondering about the the process
I would like to have my residential flat leasehold extension premium valued. The flat is in Bowthorpe, and my lease will reach 69 years this August. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
I plan on buying a flat in Bowthorpe. My offer is conditional upon a lease extension. The current owner’s solicitors has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Godiva Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
I am thinking about bidding for an auction property and found a studio flat in Bowthorpe. It has just 50 year lease..the current owner being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Nottingham Building Society?
I have a share of the freehold. There are three flats in the house. All the leaseholders are now seeking lease extensions. Are you willing to assist us with this situation?
I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Bowthorpe. I would be grateful if you can give me a call when you get a chance to discuss the case.
I have a leasehold property in Bowthorpe with fivety four years remaining on the lease. I need a lawyers to help me achieve a lease extension. Can you assist?
Just a quick question, how much does it cost for a lease extension on a residential property in Bowthorpe for a two bed flat - sec 42 is already in place?
Are you able to provide an estimate to extend my mother’s lease on a three bedroom first floor purpose built maisonette in Bowthorpe. She recently got a figure from the landlord for a lease extension but I am unclear whether it is too expensive.
I am currently negotiating a lease extension for my flat in Bowthorpe as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?