Bury St Edmunds Lease Extension - Your Legal Fees Calculator
Sample questions relating to Bury St Edmunds Lease Extensions
I'm planning on buying a garden flat (leasehold) but the landlord has been absent for circa 15yrs. I wonder whether it will be cheaper to try to buy the freehold or to get a lease extension and apply for right to manage?
I acquired a one bedroom apartment in Bury St Edmunds. I am looking to extend lease on the property. It is nearon eighty one years. I would just like to know what your charges are and how long the process takes.
My wife and I have a residential flat in Bury St Edmunds with fivety nine years remaining. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 16k. We have now decided to go ahead but do we now have to start the negotiations again?
We wish to extend our lease. We will have been in the flat for 2 years as of 21st March 2015. It has just over 64 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
Offer accepted on a a two bedroom second floor purpose built maisonette in Bury St Edmunds, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as 82 years.Contracts were due to be exchanged within a week. My question is why has this only just come to my attention by my solicitors?
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 Bury St Edmunds area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my studio flat in Bury St Edmunds
Hello I am the freeholder title in a one bedroom flat in Bury St Edmunds. The leaseholder has a fivety four year lease and would like to purchase an additional 90 years. He is offering me £21,000 but I am not sure if this is a correct amount
My wife and I are concerned about seeking a lease extension from an objectionable freeholder. Even though the legal procedures were adhered to under the 1993 Act, the landlord still attempted to charge ground rent of £300 doubling every twenty five years of the new lease. Can you assist?
I am currently negotiating a lease extension for my flat in Bury St Edmunds 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?