Cudham Lease Extension - Your Legal Fees Calculator
Common questions relating to Cudham Lease Extensions
I want to purchase a leasehold property and extend the lease. The homeowner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I invested in buying a ground floor flat located in Cudham with a leasehold unexpired of seventy seven years. I am curious about how much I will need to spend to extend my lease term
I plan on buying a flat based in Cudham. The offer is subject to the lease extension. The current owner’s conveyancing practitioners has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
The intention is to sell our three bedroom ground floor purpose built maisonette in Cudham but we may need a lease extension, or possibly cover the costs of our buyers. Are you able to recommend a solicitors to help us?
I am considering whether to purchase the freehold or a lease extension of my property in Cudham and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Nationwide Building Society to release of equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £25.00 per year to £100 per annum.
I intend to buy a one bed flat in Cudham for asking price of 145k, which has 74 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
If somebody 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 extending the lease?
My OH and I have been in discussion with our freeholder after having a valuation on our studio flat in Cudham. We have a fivety seven year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he 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 conveyancers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Cudham
Do you handle lease extensions on land? (a plot of land in Cudham with 82yrs remaining)