Cottesmore Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Cottesmore Lease Extensions
I am thinking about a lease extension for our garden flat located in Cottesmore and we are confused by the communication that we received from our freehold company. Are you able to assist us with this situation?
I’m about to offer on a garden flat to purchase in the Cottesmore area and was enquiring how much would it cost to extend a lease? It has 64 years left...
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?
Think I may have made a mistake, I am seeking a conveyancers in Cottesmore who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
I am thinking about bidding for an auction property and identified a studio flat in Cottesmore. It only has a 49 year lease..the seller as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and reduced chance of getting a mortgage with Accord Mortgages Ltd?
I am the freeholder of a Victorian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 66 years. What are my next steps?
Coming up to two years that I have been in my three bed flat in Cottesmore. I have 66 yrs outstanding on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Cottesmore based solicitors or any will do fine?
My OH and I have been in discussion with our freeholder after having a valuation on our one bed flat in Cottesmore. We have a 66 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
We are worried about getting a lease extension from an objectionable landlord. Notwithstanding that the correct procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £250 doubling every twenty years of the new lease. Can you assist?
I have seventy eight years remaining on my lease of a ground floor flat in Cottesmore, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable