Fenstanton Lease Extension - Your Legal Fees Calculator
Sample questions relating to Fenstanton Lease Extensions
I will soon view a one bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 57 years unexpired on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
Regarding a residence in Fenstanton. upper maisonette. sixety two yrs left. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also insisted on Notice of Claim which I think is a tad over the top. Advice required.
We have a leasehold flat in Fenstanton with seventy two years unexpired. Last year we were quoted a deal to receive a lease extension for a further thirty years but also uplift the ground rent from nominal to £250 per annum..plus a premium I think of about 9k. Finally we have decided to go ahead but do we now have to start the negotiations again?
I would like some help on purchasing a leasehold residence. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Fenstanton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
If a leaseholder 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?
I'm intent on acquiring an apartment in Fenstanton at a price of £210,000 the flat has something like seventy six years remaining on the lease. My offer was subject to the lease being extended... .. that was back in August, hoping I'd be in by now. The owner has just come back saying that they are prepared to knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
We currently own a one bedroom second floor purpose built maisonette in Fenstanton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy one years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
I have 77 years remaining on my lease of a ground floor flat in Fenstanton, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
I am currently negotiating a lease extension for my flat in Fenstanton 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 wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my two bedroom ground floor purpose built maisonette in Fenstanton