Hexham Lease Extension - Your Legal Fees Calculator
Questions and Answers: Hexham Lease Extensions
Hello, I just randomly found your site. I'm seeking prices on what it cost to extend a lease of a one bed flat based in Hexham. It's up for sale at the moment but has roughly 75 years remaining on the lease
I own a leasehold flat in the Hexham area and was enquiring whether I could obtain a lease extension. What are your processes and charges. Has fivety five years unexpired
I want to buy a leasehold property and lease extension. The seller has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
Hello. I need someone to have a look at my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
I am a first time buyer of a leasehold flat in Hexham. The lease has just 74 years residual lease term and ground rent is £75. Is it possible for the flat owner to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the current owner? Unfortunately the freeholder is absent, so I am not sure how this will play out.
My mortgage provider requires a £450 fee for their conveyancers to approve the lease extension deed for my flat in Hexham... I am unable to find any mention of this in my mortgage literature... is this a normal charge?
I have a share of the freehold. There are five apartments in the house. All the leaseholders are now seeking lease extensions. What's your legal fee?
If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
Just a quick one, how much are the legal fees for a lease extension on a residential property in Hexham for a three bed flat - sec 42 having been issued?
I am currently negotiating a lease extension for my flat in Hexham 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?