Chathill Lease Extension - Your Legal Fees Calculator
Common questions relating to Chathill Lease Extensions
My husband and I are thinking about a lease extension for our apartment in Chathill and we are confused by the communication that we got from our landlord company. What's your solicitors fee?
I’m just looking for a three bed apartment to purchase in the Chathill area and was enquiring how much would it cost to extend a lease? It has seventy years remaining...
I need to negotiate a lease extension for a flat in Chathill and want to use a local conveyancing practitioners. Is there a lawyers that you can recommend?
I am looking to either purchase the freehold or a lease extension of my property in Chathill and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Nottingham Building Society to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per annum to £200 per year.
Me and my wife are considering purchasing a one bedroom apartment in Chathill which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
My lawyers (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 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 extending the lease?
I am planning on remortgaging my one bedroom apartment in Chathill and the mortgage company that I am looking to switch to needs a minimum 85 years on the leasehold of my property in order for them to progress matters. We currently have around fivety nine years on the leasehold so require some advice, guidance, and some quotes to set the wheels in motion for a lease extension
I am currently negotiating a lease extension for my flat in Chathill 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 66 years remaining on my flat in Chathill. 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?