Holbrook Lease Extension - Your Legal Fees Calculator
Holbrook Lease Extensions: Q and A’s
My fiance agreed with the landlord for a lease extension on our flat located in Holbrook, 7k for an extension by 90yrs. How long is the process ?
I own a studio flat in Holbrook that I am now unable to sell due to the lease needing a lease extension. Can you please help me with this situation ?
My name´s Omar. I’m property hunting in Holbrook I'm seeing a three bedroom second floor purpose built flat online, with nearly fivety four years outstanding, how much will it likely cost to extend in this area by, say, fifty years?
I am looking for a lease extension on the lease on my two bedroom ground floor purpose built flat in Holbrook which will have seventy one years remaining in August. What fees do you charge for this?
I am considering whether to purchase the freehold or a lease extension of my property in Holbrook and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Accord Mortgages Ltd to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease began in 1979 and since then the ground rent has increased from £25.00 per year to £100 per annum.
Regarding a residence in Holbrook. lower maisonette. sixety yrs unexpired. I have negotiated a lease extension price of £20k for 125yrs. Landlord also requested Section 42 Notice which I think should not be necessary. Advice required.
I am the freeholder of a Georgian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 70 years. What are my next steps?
I'm hoping for some advice concerning a lease extension on my flat. I'll be looking to do this next June as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
We know that others in the same block previously had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?
I am currently negotiating a lease extension for my flat in Holbrook 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?