Caversham Lease Extension - Your Legal Fees Calculator
Questions and Answers: Caversham Lease Extensions
I’m just looking for a one bedroom apartment to purchase in the Caversham area and was wondering what the likely fees would be for a lease extension? It has 56 years as a balance left...
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am thinking about purchasing an auction property and identified a two bed flat in Caversham. It has just 41 year lease..the current owner being mortgagees in possession will not want to mess around with seeking a lease extension..what are the disadvantages of this other than the costly fee to put a new lease on it and decreased chance of obtaining a mortgage with Virgin Money?
Ref a residence in Caversham. GFF maisonette. 77 yrs left. I have an agreed lease extension to £20k for 135yrs. Landlord also insisted on Notice of Claim which I think should not be necessary. Advice required.
Offer accepted on a a one bedroom apartment in Caversham, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as 82 years.Contracts were due to be exchanged in a couple of days. My question is how is possible that the estate agent got it so wrong?
My husband has a share of freehold, with two other leaseholders in a building in Caversham. House converted into three flats. He has a lease, which has nearly 58 years left. How much would it cost for a lease extension and how many years would he need to extend by?
I am planning to extend the lease on my studio flat in Caversham I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
I am in need of some help with a lease extension. I live in Belfast but the property in question is based in Caversham. I would be grateful if you can give me a call when you get a chance to discuss the case.
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?
Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Caversham for a one bed flat - section 42 having been issued?