East Molesey Lease Extension - Your Legal Fees Calculator
Common questions relating to East Molesey Lease Extensions
I have got a leasehold flat in the East Molesey area and was wondering if I could obtain a lease extension. What are your processes and fees. Has 68 years residual lease term
I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in East Molesey - I wanted to see if with your services it is possible for this to be extended?
I am looking for a conveyancers in East Molesey and they should be on the Lloyds TSB Bank approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend any please ?
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 am the owner of a maisonnette together with the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
I'm deliberating over buying a studio flat (leasehold) but the freeholder has been missing for around 15yrs. My query is would it be less expensive to try to acquire the reversionary title or to extend lease and apply for RTM?
I am looking to either purchase the freehold or a lease extension of my property in East Molesey and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with The Mortgage Works to release of equity. My adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease commenced in 1991 and since then the ground rent has increased from £25.00 per annum to £100 per year.
I am planning to extend the lease on my two bedroom ground floor purpose built maisonette in East Molesey I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
Me and my husband are in the throws of buying a property (a 2 bed flat based inEast Molesey with share of freehold). During our search, we were always looking at apartments that had a minimum ninety years balance left. We came across a flat we liked and the estate agent promised us that the lease was long albeit not specifying a number. Today our lawyers informed us the lease only has seventy three years and therefore needs a lease extension. Should we walk 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?
I am currently negotiating a lease extension for my flat in East Molesey 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?