Hightown Lease Extension - Your Legal Fees Calculator
Sample questions relating to Hightown Lease Extensions
I want to purchase a leasehold property and extend the lease. The current owner has been there over two 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 ?
We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 928 years remaining so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any advice would be much appreciated.
Is it possible to talk with you about an apartment in Hightown, I am considering bidding at auction next month. The flat has a short lease and I was wondering about what it would cost to get a lease extension and for your services.
I wondered if you could help me on how much it would financials and the optimum way to get a lease extension started? I have about 54 years unexpired lease and I own a studio flat in Hightown.
My mortgage lender requires several hundred pounds for their property lawyers for a "deed of substituted security" for the lease extension for my flat in Hightown... I am unable to find any mention of this in my mortgage guide... is this a usual charge?
Me and my fiance have owned a leasehold flat for around fifteen years. It now has 79 years unexpired lease on the lease. Following a year of difficult negotiations through my property lawyers 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 some independent thoughts.
I am the freeholder of a Georgian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 75 years. What are my next steps?
Coming up to two years that I have been in my garden flat in Hightown. I have fivety six years left on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
We have a one bedroom ground floor purpose built maisonette in Hightown with a lease of 73 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 sixety two years remaining on my flat in Hightown. 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?