Colsterworth Lease Extension - Your Legal Fees Calculator
FAQs concerning Colsterworth Lease Extensions
We are thinking about a lease extension for our leasehold house in Colsterworth and we are confused by the communication that we received from our landlord company. Are you willing to assist us with this situation?
My name´s Mason. I’m property hunting in Colsterworth I'm deliberating offering on a ground floor flat online, with nearon sixety one years unexpired lease, how much does it cost on average to extend in this area by, say, twenty years?
We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any guidance would be much appreciated.
My neighbours and I are in a block comprising three flats in Colsterworth and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I will soon view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 74 years residual lease term on the lease. It is also a repossession so I'm guessing that the bank will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
My partner and I have a leasehold flat in Colsterworth with sixety three years left. Last year we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from notional to £250 per year..plus a premium I think of about 16k. Finally we have decided to proceed but do we now have to renegotiate?
I own a share of the freehold. There are three flats in the building. All the leaseholders are now looking for lease extensions. What's your legal fee?
Me and my OH have owned a leasehold flat for around eighteen years. There are 67 years outstanding on the lease. Following a year of protracted negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
I have 71 years remaining on my lease of a ground floor flat in Colsterworth, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
Do you handle lease extensions on land? (a plot of land in Colsterworth with 82yrs remaining)