Grassendale Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Grassendale Lease Extensions
I have been in touch with my freeholder to extend my lease for my flat in Grassendale. His conveyancers has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started August 1984.
I'm deliberating over buying a two bedroom ground floor purpose built maisonette (leasehold) but the freeholder has been absent for approximately 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to extend lease and apply for RTM?
My co-lessees and I are in a block consisting of three flats in Grassendale 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?
My mortgage provider requires several hundred pounds for their lawyers to agree a lease extension for my flat in Grassendale... I am unable to find any reference of this in my mortgage contract... is this a standard cost that they charge?
I am looking at purchasing an auction property and came upon a studio flat in Grassendale. It only has a 48 year lease..the vendor as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of getting a mortgage with Lloyds TSB Bank?
We have a GFF in Grassendale. There is 80 years remaining on the lease and we want to extend the lease. How much will it likely cost to get a lease extension by, say,45 years
I would like some advice on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Grassendale area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
I'm looking at purchasing an apartment in Grassendale valued at £256,000 the flat has approaching 60 years remaining on the lease. My offer was conditional upon the lease being extended... .. that was back in June, hoping I'd have completed by now. They have just informed me they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
We know that others in the same block had already had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Would you suggest such a course of action?
I have a lease of sixety one years remaining on my flat in Grassendale. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?