Common questions relating to Cross Keys Lease Extensions

  • 40k agreed with the landlord, just seeking to find a Cross Keys solicitors for a lease extension. Our flat has nearly sixety yrsoutstanding. How long will this take ?
  • I’m about to offer on a a property to buy in the Cross Keys area and was curious what the likely fees would be for a lease extension? It has 54 years outstanding...
  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the procedure for this
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 66 years residual lease term.
  • I am looking at bidding for an auction property and came upon a studio flat in Cross Keys. It has just 49 year lease..the vendor as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Clydesdale?
  • My partner and I have a first floor flat in Cross Keys with 63 years left. Last year we were quoted a deal to have a lease extension for another 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 14k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy years. I need a lawyers at my end. Can you advise please? I live near Cross Keys and have a mortgage with National Westminster Bank.
  • I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Cross Keys. 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 been in my 2 bed flat in Cross Keys. I have seventy nine yrs remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: What can I expect in terms of legal 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)?
  • I note that your website states the likely fee to extend a lease is £495. Is that the total cost excluding value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Cross Keys
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    Lease Extensions in Cross Keys

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