Cullompton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Cullompton Lease Extensions
My partner has a flat in Cullompton which we have just put on the market. The leasehold has approximately fivety four years outstanding on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
I am looking to extend the lease on my one bed apartment in Cullompton which will have 62 years left in August. What fees are applicable?
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?
I have contacted my freeholder for a lease extension for my flat in Cullompton. Her property lawyers has been in contact regarding costs etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started November 1994.
I own a leasehold apartment in Cullompton. I have built a huge extension and have not informed my leaseholder. What should I do?
I intend to buy a one bed flat in Cullompton for asking price of 156k, which has seventy two 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 question 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?
I'm looking at purchasing an apartment in Cullompton valued at £195,000 the flat has approximately 60 years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in August, hoping I'd be in before Christmas. The owner has just come back saying they are willing to knock £5k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
I own the freehold of a couple of flats. Someone has the lease on the lower flat in Cullompton. I occupy in the top flat. I was looking at the land registry documents today when I noticed that my flat has a lease on it. There is sixety one years remaining. If I want to do a lease extension then would I just be paying for the property lawyers charges?
I am currently in the process of remortgaging my maisonette in Cullompton and the bank that I am looking to move to requires at least 85 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around 76 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
I am currently negotiating a lease extension for my flat in Cullompton 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?