Gatley Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Gatley Lease Extensions
I own a maisonnette and the freehold. The owners of the upstairs flat have asked for a lease extension what do I need to do?
The terms for the lease on my flat in Gatley are 101 years from 14 Feb 1990. Can you supply me me a quote for a lease extension if I give you more specifics please?
I am deliberating whether to purchase the freehold or a lease extension of my property in Gatley and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Godiva Mortgages Ltd to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1979 and since then the ground rent has increased from £25.00 per year to £200 per annum.
I am looking at acquiring an auction property and came upon a two bed flat in Gatley. It only has a 41 year lease..the vendor as mortgagees in possession will not want the aggravation of seeking a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of getting a mortgage with Barclays Direct?
Offer accepted on a a studio flat in Gatley, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.We are about to exchange contracts within a week. My query is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
Me and my wife would like to know the cost of a lease extension valuation for a property based in Gatley. Would you be able to help?
Me and my husband are hoping to buy a property (a one bedroom apartment based inGatley with share of freehold). During our search, we were always looking at properties that had a minimum ninety years remaining. We found a place we liked and the selling agent promised us that the lease was long albeit not specifying a number. This morning our solicitors informed us the lease only has seventy two years and therefore needs a lease extension. Do we walk away, or do we negotiate our offer?
I'm seeking some help concerning a lease extension on my apartment. The intention is to do this in six months time as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
I am concerned about obtaining a lease extension from an objectionable freeholder. Notwithstanding that the correct procedures were adhered to under the 1993 Act, the freeholder still attempted to charge ground rent of £250 doubling every twenty years of the new term. Can you help?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom second floor purpose built maisonette in Gatley