Honor Oak Lease Extension - Your Legal Fees Calculator
Questions and Answers: Honor Oak Lease Extensions
So this is the scenario: I bought a one bedroom apartment in Honor Oak that I am finding difficult to sell due to the lease requiring a lease extension. How long will it take ?
I am looking to extend the lease on my ground floor flat in Honor Oak which will have sixety seven years left in January. What fees do you charge for this?
We are selling our studio flat in Honor Oak but we may require a lease extension, or possibly cover the costs of our purchaser. Are you able to suggest someone to handle this?
I am looking to either purchase the freehold or a lease extension of my property in Honor Oak and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Skipton Building Society to release of equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1972 and since then the ground rent has been raised from £38.00 per annum to £200 per annum.
We have a one bedroom flat located in Honor Oak. There is 81 years left on the lease and we want to extend the lease. What will it likely cost to get a lease extension by, say,45 years
My wife and I had entered into buying a three bed flat in Honor Oak. I was advised by the EA that the lease extension had already been completed while on a viewing (70 years left prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The current owner supposedly has a quote but no funds to extend as a result the flat owner intends to exchange and use the deposit monies for the lease extension. My question is how is possible that the estate agent got it so wrong?
I am planning to extend the lease on my garden flat in Honor Oak I am looking for help to verify the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
Just been over two years that I have owned my two bedroom ground floor purpose built flat in Honor Oak. I have 56 years remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
We are are hoping to complete on a ground floor flat in Honor Oak which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our property lawyers to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we must wait pending registration of the new lease?
I have a lease of fivety six years remaining on my flat in Honor Oak. 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?