Cudworth Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Cudworth Lease Extensions
My partner and I have just bought a one bedroom second floor purpose built flat inCudworth and I'm considering a lease extension as soon as practicable e.g. after 24 months of ownership
I am looking to purchase a one bedroom apartment in Cudworth with a lease of fivety seven years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
We are selling our ground floor flat in Cudworth but we may need to extend the lease, or at least cover the expense of our buyers. Are you able to recommend someone to help us?
I am looking to either purchase the freehold or a lease extension of my property in Cudworth and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Yorkshire Building Society to free up equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease started in 1981 and since then the ground rent has been raised from £15.00 per annum to £200 per year.
Are you able to advise on how much it would expense and the best way to start the lease extension process? I have just over 68 years remaining and I own a garden flat in Cudworth.
I am the freeholder of a 1930’s property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy one years. What are my next steps?
We are in the throws of buying a property (a garden flat based inCudworth with share of freehold). During our search, we were always looking at flats that had at least 84 years unexpired. We found a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our lawyers informed us the lease only has seventy eight years and thus requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
Are you able to provide an estimate to extend my mum’s lease on a maisonette in Cudworth. She already has a figure from the landlord for a lease extension but I am far from certain if it is too expensive.
I am currently negotiating a lease extension for my flat in Cudworth 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?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Cudworth