Carmel Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Carmel
I have just purchased a ground floor flat based inCarmel and I'm deliberating extending the lease as soon as practicable e.g. in 24 months of ownership
I need to negotiate a lease extension for a flat in Carmel and want to use a local solicitors. Are you able to help me find a conveyancing practitioners?
Hi. I need a conveyancing practitioners to review my lease extension ahead of it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
I am concerned that my daughter is being hoodwinked. She submitted an offer on a garden flat in Carmel, where the lease is circa sixety eight years but she was advised by the selling agents that the flat owner had extended it to 125 years. She has now been informed the seller was holding off for her to instruct lawyers prior to commencing with the lease extension. Seems odd to me, also it could take a while to sort it all out. Am I being too sceptical?
I have a share of the freehold. There are three apartments in the building. All the leaseholders are now requiring lease extensions. What's your legal fee?
I would like some advice on leasehold property buying. We plan 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 Carmel area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
I am the freeholder of a Edwardian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 74 years. What are my next steps?
I'm living with my mum and dad but have a studio flat in Carmel let out which has a 76 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Carmel for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
If somebody owns a flat with a lease of under 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 Carmel 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?