Examples of recent questions relating to Lease Extensions in Ellesmere

  • My OH agreed with the landlord for a lease extension on our flat in Ellesmere, 10.5k for a further 90yrs. What's your legal fee ?
  • My name´s Ben. I’m property hunting in Ellesmere I'm seeing a one bedroom first floor purpose built maisonette online, with slightly more seventy two years unexpired lease, how much does it cost on average to get a lease extension by, say, thirty years?
  • I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in Ellesmere - I wanted to see if with your services this could be extended?
  • I am a first time buyer of a leasehold flat in Ellesmere. The lease has just 62 years left and ground rent is £95. Is it possible for the homeowner to serve the Section 42 Notice and then assign over the right to me as the buyer on the day of completion so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the homeowner? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.
  • My mortgage lender requires several hundred pounds for their to agree a lease extension for my flat in Ellesmere... I can find no mention of this in my mortgage contract... is this a standard cost that they charge?
  • I am in need of a lease extension for my flat in Ellesmere and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am planning on refinancing my studio flat in Ellesmere and the mortgage company that I am looking to move to needs a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 74 years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
  • I have seventy nine years remaining on my lease of a ground floor flat in Ellesmere, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I am currently negotiating a lease extension for my flat in Ellesmere 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?
  • We have a studio flat in Ellesmere with a lease of 62 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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