Fradley Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Fradley Lease Extensions
My wife and I have just acquired a ground floor flat inFradley and I'm considering a lease extension as soon as practicable e.g. after 24 months of ownership
I bought a studio flat in Fradley that I am finding difficult to sell as a result of the lease needing a lease extension. What's your legal fee ?
I bought a property in Fradley and it has around 61 years unexpired. I'd like to arrange a lease extension by twenty years
I own a leasehold flat in the Fradley area and was wondering whether I could get a lease extension. What are your processes and charges. Has 69 years unexpired
My neighbours and I are in a building made up four flats in Fradley and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I will soon view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 66 years remaining on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
Re a residence in Fradley. lower maisonette. 58 yrs remaining. I have negotiated a lease extension price of £14k for 135yrs. Freeholder also insisted on Initial Notice which I think should not be necessary. Advice required.
Me and my sister are considering buying a one bedroom apartment in Fradley which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I am currently negotiating a lease extension for my flat in Fradley 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?