Brough Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Brough
20,000 agreed with the landlord’s agents, just attempting to find a Brough conveyancing practitioners for a lease extension. Our lease has approximately seventy five yrsunexpired lease. What's your solicitors fee ?
So this is the scenario: I bought a ground floor flat in Brough that I am finding difficult to sell as a result of the lease requiring a lease extension. What's your solicitors fee ?
I have a leasehold apartment in Brough. I have built a big extension and have not informed my leaseholder. What are my options?
I am a landlord of a block of flats in Brough, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I write to the tax man ?
We are considering buying a studio flat in Brough which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from extending the lease?
Me and my partner had entered into a purchase of a studio flat in Brough. I was told that the lease had been lengthened (66 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The seller apparently has a quote but no money to extend as a result the vendor wants to exchange and use the 10% deposit for the lease extension. My question is why has this only just been brought to my attention by my solicitors?
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?
If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
I am currently negotiating a lease extension for my flat in Brough 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?
I have a lease of 56 years remaining on my flat in Brough. 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?