Dorking Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Dorking Lease Extensions
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 invested in buying a 2 bed flat in Dorking. The start date for the lease was in 1997 for 99 years. Now I am looking to extend the lease. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
The terms for the lease on my apartment in Dorking are 99 years from 12 Feb 1988. Can you supply me me a quote to extend the lease if I give you more specifics please?
I am looking to either purchase the freehold or a lease extension of my property in Dorking and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with The Royal Bank of Scotland to release of equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1972 and since then the ground rent has been raised from £38.00 per year to £300 per year.
I own a share of the freehold. There are five flats in the block. All the leaseholders are now seeking lease extensions. What's your legal fee?
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
If a leaseholder owns a flat with a lease of less than 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?
Me and my OH have been in discussion with our freeholder after having a valuation on our garden flat in Dorking. We have a sixety two year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure 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 solicitors to handle this for us. Can you please provide me what your costs would be to act on our behalf.
Just a quick question, how much does it cost for a lease extension on a residential property in Dorking for a two bed flat - section 42 is already served?
We have a two bedroom second floor purpose built maisonette in Dorking with a lease of 70 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?