Cobham Lease Extension - Your Legal Fees Calculator
Cobham Lease Extensions: Q and A’s
I am looking into the costs of carrying out a lease extension for my first floor flat in Cobham, and would like some figures on that.
I am looking to either purchase the freehold or a lease extension of my property in Cobham and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Bank of Ireland to free up equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1972 and since then the ground rent has increased from £15.00 per year to £100 per year.
I'm looking for a flat to buy in Cobham and I'm not really familiar with the leasehold arrangement. I've identified a garden flat I like with a 90 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
I have my suspicions that my niece might have had the wool pulled over her eyes. She put in an offer on a three bed flat in Cobham, where the lease is about seventy three years but she was told by the estate agents that the homeowner had extended it to 125 years. She has now been told the seller was holding off for her to instruct solicitors prior to commencing with the lease extension. Sounds unscrupulous, also it could take time to sort it all out. Am I reading too much into it?
My brother and I are considering purchasing a one bed flat in Cobham which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
I am the owner of a purpose-built apartment based in a small development in Cobham. The leasehold interest in the apartment on a ninety five year lease started from 1 October 1972 with a non-reviewable ground rent of £15 per annum. I would like to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Cobham. I would be grateful if you can give me a call when you get a chance to discuss the case.
It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my ground floor flat in Cobham
My partner and I are in the throws of buying a property (a garden flat located inCobham with share of freehold). During our search, we were always looking at properties that had at least eighty five years remaining. We found a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Today our conveyancers informed us the lease only has 68 years and therefore needs a lease extension. Do we run away, or do we reduce our offer?
I am currently in the process of refinancing my ground floor flat in Cobham and the next lender that I am looking to move to needs at least 85 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around 75 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process