Costessey Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Costessey Lease Extensions
We agreed with the freeholder for a lease extension on our flat in Costessey, 6.5k for an extension by 90yrs. What's your legal fee ?
I am looking to extend the lease on my maisonette in Costessey which will have 71 years remaining in September. What fees do you charge for this?
I invested in buying a 2 bed flat in Costessey. The lease started in 1992 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
The intention is to sell our studio flat in Costessey but we may need to extend the lease, or possibly cover the costs of our purchaser. Can you recommend a lawyers to handle this?
I'm looking for a flat to purchase in Costessey and I'm not really familiar with the leasehold tenure. I've found a place I like with a 82 years lease. I've read that I can go for a lease extension after a couple of years, but:- Is this a given?
Offer accepted on a a one bedroom ground floor purpose built maisonette in Costessey, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 82 years.Contracts were due to be exchanged within a week. My question is why has this only just come to my attention by my solicitors?
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I intend to buy a one bed flat in Costessey for asking price of 125k, which has fivety six years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I am currently negotiating a lease extension for my flat in Costessey 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?
I have a lease of 66 years remaining on my flat in Costessey. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?