Cobham Lease Extension - Your Legal Fees Calculator
Cobham Lease Extensions: Q and A’s
My partner agreed with the head landlord for a lease extension on our flat in Cobham, 13k for an extension by 90yrs. What's your solicitors fee ?
I’m just looking for a a property to purchase in the Cobham area and was enquiring what the likely fees would be to extend a lease? It has 79 years outstanding...
I will soon view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety nine years remaining on the lease. It is also a repo so I'm guessing that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
My mortgage provider requires a £450 fee for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Cobham... I am unable to find any reference of this in my mortgage literature... is this a standard fee to pay?
We have a ground floor flat in Cobham with 76 years left. Last year we were quoted a deal to have a lease extension for a further fifty years but also increase ground rent from nominal to £300 per year..plus a premium I think of approximately 10k. We have now decided to proceed but do we now have to renegotiate?
My brother and I are considering purchasing a garden flat in Cobham which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from extending the lease?
I intend to buy a one bed flat in Cobham for asking price of 156k, which has sixety years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
If a leaseholder 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?
Me and my sister are hoping to acquire a property (a garden flat located inCobham with share of freehold). Throughout our search, we were always looking at properties that had at least 83 years outstanding. We identified a place we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our lawyers told us the lease only has sixety three years and therefore requires a lease extension. Do we walk away, or do we negotiate our offer?
I have a lease of sixety eight years remaining on my flat in Cobham. 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?