Henlow Lease Extension - Your Legal Fees Calculator
Common questions relating to Henlow Lease Extensions
My OH agreed with the landlord for a lease extension on our flat based in Henlow, 7.5k for an additional 90yrs. What's your legal fee ?
I have an interest in the freehold of buildings comprising of six flats each. Two of the leasehold owners want to extend their leases and I'm enquiring about the the process
I am looking to extend the lease on my garden flat in Henlow which will have fivety five years unexpired lease in November. What fees do you charge for this?
Do you only do lease extensions in Henlow? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a conveyancing practitioners.
I am considering buying an auction property and identified a studio flat in Henlow. It only has a 41 year lease..the vendor as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this except for the expensive fee to extend the lease and reduced chance of obtaining a mortgage with Norwich and Peterborough Building Society?
My husband and I are proceeding with a purchase of a ground floor flat in Henlow. I was advised that the lease had been lengthened (61 years remaining prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The vendor apparently has a quote but no funds to extend as a result the vendor intends to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that Virgin Money won't lend on a lease?
Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Henlow. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the garden area.
Me and my partner are in the throws of buying a property (a garden flat based inHenlow with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years left on the lease. We identified a apartment we fell in love with and the estate agent assured that the lease term was not an issue. Today our conveyancing practitioners informed us the lease only has sixety years and thus needs a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
My sister knows that others in the same block had already had a lease extension, and the landlord 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 this course of action?
I have a lease of 72 years remaining on my flat in Henlow. 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?