East Coker Lease Extension - Your Legal Fees Calculator
FAQs concerning East Coker Lease Extensions
I own a leasehold flat in the East Coker area and was enquiring if I could get a lease extension. What are your processes and fees. Has seventy four years outstanding
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 inherited a studio flat in East Coker. I am looking for a lease extension on the property. It is nearon eighty years. I would just like to know what your charges are and how long the process takes.
I am a landlord of a block of flats in East Coker, and the lessees are in the process of being granted lease extensions. I anticipate receiving the money within a month or so. How does the tax work, the property is co-owned with my husband ?
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?
My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I'm living with my parents but have a three bedroom second floor purpose built flat in East Coker let out which has a 61 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in East Coker for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
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 doing it?
I have a leasehold property in East Coker with sixety seven years remaining on the lease. I need a lawyers to help me achieve a lease extension. Can you assist?
Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in East Coker for a three bed flat - section 42 having been issued?