Highbridge Lease Extension - Your Legal Fees Calculator
Sample questions relating to Highbridge Lease Extensions
I’m about to offer on a garden flat to purchase in the Highbridge area and was interested in finding out what the likely fees would be for a lease extension? It has seventy four years unexpired...
I want to purchase a leasehold property and lease extension. The current owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I plan on buying a flat in Highbridge. My offer is subject to the lease extension. The flat owner’s conveyancing practitioners has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender TSB. Moreover, which are the following lease extension steps to complete the purchase?
I'm considering buying a maisonette (leasehold) but the landlord has been absent for around 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to get a lease extension and apply for RTM?
We have owned a leasehold flat for around eighteen years. There are sixety years outstanding on the lease. After a year of difficult negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome advice.
I'm living with my parents but have a one bedroom apartment in Highbridge let out which has a 75 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Highbridge for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
My partner and I have been in discussion with our freeholder after having a valuation on our two bedroom first floor purpose built flat in Highbridge. We have a sixety year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a solicitors to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
I am currently negotiating a lease extension for my flat in Highbridge 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?
We have a one bedroom apartment in Highbridge with a lease of fivety seven years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
I have a lease of seventy four years remaining on my flat in Highbridge. 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?