Branston Lease Extension - Your Legal Fees Calculator
Questions and Answers: Branston Lease Extensions
I am thinking about a lease extension for our garden flat in Branston and we don't fully comprehend the letter that we got from our freehold company. What's your legal fee?
I have just bought a ground floor flat based inBranston and I'm thinking about extending the lease as soon as possible e.g. after 24 months of ownership
I have got a leasehold flat in the Branston area and was enquiring whether I could get a lease extension. What are your processes and fees. Has sixety three years unexpired
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety years residual lease term.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
We have a leasehold flat in Branston with 76 years to run. Last year we were quoted a deal to grant a lease extension for a further thirty years but also uplift the ground rent from notional to a little more..plus a premium I think of about 16k. Finally we have decided to move forward but do we now have to start the negotiations again?
My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
Me and my husband are hoping to buy a property (a studio flat inBranston with share of freehold). Throughout our search, we were always looking at properties that had a minimum 84 years balance left. We identified a place we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. This morning our conveyancing practitioners informed us the lease only has seventy years and thus requires a lease extension. Should we run away, or do 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?
Do you handle lease extensions on land? (a plot of land in Branston with 82yrs remaining)
I have a lease of sixety six years remaining on my flat in Branston. 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?