Houghton Le Spring Lease Extension - Your Legal Fees Calculator
Sample questions relating to Houghton Le Spring Lease Extensions
40k agreed with the landlord, just trying to find a Houghton Le Spring property lawyers for a lease extension. Our flat has roughly 64 yearsleft. Can you please help us with this situation ?
My wife has a flat based in Houghton Le Spring which we are about to put on the market. The leasehold has approximately sixety eight years remaining on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.
We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 928 years balance left so a lease extension is not required. 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 true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.
I invested in buying a ground floor flat located in Houghton Le Spring with a leasehold unexpired of 64 years. I am wondering about what it will cost me to extend my leasehold
I own a maisonnette and the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
The intention is to sell our garden flat in Houghton Le Spring but we may require a lease extension, or possibly cover the costs of our purchaser. Can you suggest someone to handle this?
My mortgage lender is requesting several hundred pounds for their property lawyers to agree a lease extension for my flat in Houghton Le Spring... I can find no reference of this in my mortgage booklet... is this a usual cost that they charge?
We have a residential flat in Houghton Le Spring with fivety six years unexpired. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from notional to £200 per year..plus a premium I think of approximately 10k. Finally we have decided to move forward but do we now have to renegotiate?
If a leaseholder 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 doing it?
I am currently negotiating a lease extension for my flat in Houghton Le Spring 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?