Comberton Lease Extension - Your Legal Fees Calculator
Comberton Lease Extensions: Q and A’s
I bought a ground floor flat in Comberton that I am now unable to sell due to the lease requiring a lease extension. What's your legal fee ?
I acquired a ground floor flat located in Comberton with a leasehold unexpired of sixety nine years. I am wondering about how much it will cost me to extend my lease
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I have contacted my freeholder for a lease extension for my flat in Comberton. His conveyancers has been in contact regarding costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started February 1985.
The intention is to sell our maisonette in Comberton but we may need a lease extension, or possibly cover the expense of our buyers. Are you able to help me find a conveyancing practitioners to help us?
I'm deliberating over purchasing a garden flat (leasehold) but the landlord has been missing for around 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to extend lease and apply for right to manage?
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 would like some guidance on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Comberton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
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 doing it?
I'm looking at buying an apartment in Comberton valued at £256,000 the flat has just under 54 years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in June, expecting I'd have completed by now. The owner has just come back saying they'll reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer