Bridlington Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Bridlington Lease Extensions
My OH and I are seeking a lease extension for our garden flat in Bridlington and we are confused by the communication that we got from our freehold company. How long will it take?
My neighbours and I are in a block containing four flats in Bridlington and have been offered to buy the freehold for 5k 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'm looking for a flat to buy in Bridlington and I'm not really familiar with the leasehold arrangement. I've found a three bed flat I like with a 91 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
I have my suspicions that my niece is being hoodwinked. She submitted an offer on a 2 bed flat in Bridlington, where the lease is about sixety nine years but she was told by the estate agents that the current owner had extended it to 125 years. Only now has she been told the owner was waiting for her to instruct conveyancers before commencing with the lease extension. Seems underhand, also it may take a while to sort it all out. Am I being too sceptical?
My wife and I have a residential flat in Bridlington with 78 years left. Ten months ago we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of about 16k. We have now decided to move forward but do we now have to start the negotiations again?
We are looking to extend our lease. We will have been in the place for two years as of 11th March 2015. It has roughly sixety nine years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
Offer accepted on a a garden flat in Bridlington, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My query is how is possible that the estate agent got it so wrong?
We know that others in the same block had already had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?
I have 62 years remaining on my lease of a ground floor flat in Bridlington, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
I have a lease of 78 years remaining on my flat in Bridlington. 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?