Brandon Lease Extension - Your Legal Fees Calculator
Sample questions relating to Brandon Lease Extensions
We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 798 years balance left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any suggestions would be much appreciated.
I am looking to purchase a maisonette in Brandon with a lease of seventy five years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I am the owner of a maisonnette and the freehold of both flats. My upstairs neighbours have asked for a lease extension what do I need to do?
I am considering whether to purchase the freehold or a lease extension of my property in Brandon and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Nationwide Building Society to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease started in 1972 and since then the ground rent has been raised from £15.00 per year to £125 per year.
I am thinking about bidding for an auction property and found a one bed flat in Brandon. It has just 50 year lease..the current owner as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and reduced chance of getting a mortgage with Accord Mortgages Ltd?
We wish to extend our lease. We will have been in the apartment for 2 years as of 22nd Feb 2015. It has roughly sixety nine years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
I an interested in finding out more about leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Brandon area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
My and my husband are concerned about obtaining a lease extension from tricky freeholder. Even though the correct procedures were adhered to under the appropriate legislation, the landlord still attempted to get ground rent of £250 increasing by 100% every twenty five years of the new term. Can you assist?
I have a lease of seventy years remaining on my flat in Brandon. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?