Colchester Lease Extension - Your Legal Fees Calculator
Sample questions relating to Colchester Lease Extensions
I have got a leasehold flat in the Colchester area and was curious if I could get a lease extension. What are your processes and fees. Has 64 years residual lease term
I am looking into the costs of carrying out a lease extension for my garden flat in Colchester, and would like some figures on that.
I bought a one bedroom apartment in Colchester. I am looking to extend lease on the property. It is nearly eighty one years. I would just like to know what your charges are and how long the process takes.
My mortgage provider is requesting several hundred pounds for their solicitors for a "deed of substituted security" for the lease extension for my flat in Colchester... I can find no mention of this in my mortgage literature... is this a usual charge?
My property 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?
I'm living at parents but have a three bed flat in Colchester let out which has a 69 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 Colchester 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. Not sure sure whether to hold on or sell the flat?
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?
Hi I am the freeholder title in a 3 bedroom flat in Colchester. The leaseholder has a 56 year lease and would like to purchase further 125 years. She is offering me £18,000 but I am unsure if this is too low an offer
I'm seeking some assistance concerning extending the lease on my maisonette. The plan is to do this next autumn as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. You are able to recommend a good conveyancers with expertise in lease extensions. Ideally nearby in Colchester?
We currently own a studio flat in Colchester and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy seven years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?