Durham Lease Extension - Your Legal Fees Calculator
Durham Lease Extensions: Q and A’s
My name´s Jason. I’m house hunting in Durham I'm thinking about offering on a three bedroom ground floor purpose built flat online, with just under seventy one years remaining, how much does it cost on average to get a lease extension by, say, 45 years?
I am fairly sure that our conveyancers has advised us incorrectly concerning a lease extension and I would like to find out how to go about making a formal complaint
My wife has an apartment located in Durham which we have just put on the market. The leasehold has approximately sixety three years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Durham - I wanted to see if with your services it is possible for this to be extended?
My husband and I have a leasehold flat in Durham with seventy three years left. Ten months ago we were quoted a deal to have a lease extension for another thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 10k. We have now decided to proceed but do we now have to start the negotiations again?
Offer accepted on a a studio flat in Durham, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged within a week. My query is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
I am looking to buy a one bed flat in Durham for asking price of 156k, which has 79 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
We would like to know the cost of a lease extension valuation for a property based in Durham. Would you be able to help?
I'm intent on acquiring a flat in Durham at a price of £195,000 the flat has just under sixety eight years unexpired on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in November, hoping I'd have moved in before Christmas. They have just come back saying they are willing to knock £4k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
I am currently negotiating a lease extension for my flat in Durham 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?