Harwell Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Harwell Lease Extensions
I agreed with the freeholder for a lease extension on our flat located in Harwell, 8.5k for a further 90yrs. Can you please guide us with this situation ?
I’m just looking for a one bed apartment to purchase in the Harwell area and was after more information on how much would it cost to extend a lease? It has seventy nine years as a balance left...
I am looking for a solicitors in Harwell and they should be on the National Westminster Bank approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a conveyancing practitioners ?
Hi. I need a conveyancers to review my lease extension before it's completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
I own a maisonnette and the freehold title. The owners of the downstairs flat have asked to extend the lease what do I need to do?
My co-lessees and I are in a building comprising four flats in Harwell and have been offered to buy the freehold for £6000 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 thinking about whether to purchase the freehold or a lease extension of my property in Harwell and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Nottingham Building Society to free up equity. The broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease began in 1991 and since then the ground rent has increased from £15.00 per year to £100 per year.
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
We currently own a one bed flat in Harwell 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 76 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. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Harwell 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?