Colnbrook Lease Extension - Your Legal Fees Calculator
Common questions relating to Colnbrook Lease Extensions
I acquired a property in Colnbrook and it has approximately seventy years outstanding. I'd like to extend the lease period
We acquired a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Colnbrook and are therefore thinking about the option of a vesting order. Is this something you can help us with?
I am looking at acquiring an auction property and identified a two bed flat in Colnbrook. It only has a fifty year lease..the seller as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and decreased chance of getting a mortgage with Barnsley Building Society?
I intend to buy a one bed flat in Colnbrook for asking price of 156k, which has 54 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 question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I an interested in finding out more about purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Colnbrook area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
I am the freeholder of a Victorian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 79 years. What are my next steps?
Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Colnbrook. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
We are hoping to acquire a home (a studio flat inColnbrook with share of freehold). During our search, we were always looking at properties that had at least 83 years unexpired. We came across a apartment we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Today our conveyancers informed us the lease only has 78 years and therefore needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I require an estimate to extend my aunt’s lease on a one bedroom first floor purpose built maisonette in Colnbrook. She recently got a figure from the landlord for a lease extension but I am unclear whether it is too high.
I am currently negotiating a lease extension for my flat in Colnbrook 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?