Egremont Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Egremont Lease Extensions
Hello, I just randomly found this website. I'm looking for prices on what a lease extension will cost for a one bed flat located in Egremont. It's on the market at the moment but has nearly 57 years unexpired lease on the lease
I have a lease of 73 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I'm planning on purchasing a ground floor flat (leasehold) but the landlord has been absent for nearly 15yrs. My query is would it be less expensive to try to buy the freehold or to get a lease extension and apply for right to manage?
My son has a share of freehold, with two other leaseholders in a building in Egremont. House divided into three apartments. He has a lease, which has approximately fivety five years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
Me and my wife have owned a leasehold flat for around twenty years. There are 75 years remaining on the lease. After a year of protracted negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.
If somebody 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?
It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost excluding value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my three bedroom ground floor purpose built maisonette in Egremont
Hello I am the freeholder reversion in a 3 bedroom flat in Egremont. The leaseholder has a sixety seven year lease and would like to purchase another 90 years. She is offering me £21,000 but I am unsure if this is in the right ballpark
I'm looking at acquiring an apartment in Egremont valued at £210,000 the flat has approaching seventy years remaining on the lease. I put in an offer subject to the lease being extended... .. that was back in November, expecting I'd be in before now. They have just informed the agent that they are prepared to knock £5k 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 Egremont 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?