Hanslope Lease Extension - Your Legal Fees Calculator
Hanslope Lease Extensions: Q and A’s
I agreed with the head landlord to a lease extension on our flat in Hanslope, 12k for another 90yrs. Are you willing to assist us with this situation ?
I am looking for a property lawyers in Hanslope and they should be on the Halifax approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a conveyancers ?
My co-lessees and I are in a block of four flats in Hanslope 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 am looking to either purchase the freehold or a lease extension of my property in Hanslope and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Alliance & Leicester to release of equity. The broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease began in 1972 and since then the ground rent has increased from £38.00 per annum to £100 per annum.
My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
Just a quick question, how much does it cost for a lease extension on a residential property in Hanslope for a two bed flat - section 42 having been issued?
My husband and I are hoping to purchase a property (a garden flat located inHanslope with share of freehold). During our search, we were always looking at apartments that had a minimum 83 years remaining. We identified a apartment we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. This morning our lawyers informed us the lease only has 59 years and therefore needs a lease extension. Do we run away, or should we negotiate our offer?
I'm seeking some assistance with regard to extending the lease on my flat. I'll be looking to do this in nine months time as we need 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 LVT 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 currently negotiating a lease extension for my flat in Hanslope 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?
Do you handle lease extensions on land? (a plot of land in Hanslope with 82yrs remaining)