Cotswolds Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Cotswolds Lease Extensions
My husband and I are seeking a lease extension for our flat in Cotswolds and we don't fully comprehend the letter that we got from our freehold company. What's your legal fee?
I own a one bedroom first floor purpose built maisonette located in Cotswolds with a leasehold unexpired of seventy seven years. I am wondering about how much I will need to spend to extend my leasehold
My mortgage provider is requesting several hundred pounds for their lawyers for a "deed of substituted security" for the lease extension for my flat in Cotswolds... I am unable to find any mention of this in my mortgage contract... is this a normal charge?
I own a share of the freehold. There are four apartments in the block. All the leaseholders are now looking for lease extensions. What's your legal fee?
I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Cotswolds. I would be grateful if you can give me a call when you get a chance to discuss the case.
Coming up to 2 years that I have owned my one bedroom apartment in Cotswolds. I have 67 years left on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
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?
My wife and I are purchasing a garden flat in Cotswolds which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our conveyancing practitioners to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to hold on until the new lease is registered?
Do you handle lease extensions on land? (a plot of land in Cotswolds with 82yrs remaining)
I have a lease of sixety eight years remaining on my flat in Cotswolds. 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?