Broadstone Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Broadstone Lease Extensions
We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not a worry. 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 owning the property. Any suggestions would be much appreciated.
Is it possible to talk with you about a leasehold property in Broadstone, I am considering buying at auction next week. The flat only has a few years remaining and I was wondering about how much it would cost to get a lease extension and for your services.
I am looking at purchasing an auction property and found a studio flat in Broadstone. It has just 50 year lease..the current owner as mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with Bank of Ireland?
Ref a leasehold in Broadstone. upper maisonette. fivety nine yrs remaining. I have negotiated a lease extension price of £12,000 for 135yrs. Freeholder also insisted on Notice of Claim which I think should not be required. Advice required.
My flat in Broadstone is up for sale and I have a hopefully firm offer. There is eighty one years remaining on the lease and I want to extend the lease. What will it likely cost to extend in this location by, say,fifty years
I am in need of a lease extension for my flat in Broadstone and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I am hoping to extend the lease on my garden flat in Broadstone I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
My fiance and I are in the throws of buying a property (a garden flat located inBroadstone with share of freehold). Throughout our search, we were always looking at flats that had a minimum 84 years balance left. We found a flat we liked and the estate agent promised us that the lease term was not an issue. This morning our conveyancing practitioners told us the lease only has 63 years and thus requires a lease extension. Do we run away, or should we negotiate our offer?
My and my partner know that others in the same building 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 on the premiums paid by others . This would save on double valuation charges. Is this advisable?
We have a two bedroom second floor purpose built maisonette in Broadstone with a lease of fivety five years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?