Irlam Lease Extension - Your Legal Fees Calculator
Common questions relating to Irlam Lease Extensions
I have an interest in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm enquiring about the the process
I have got a leasehold flat in the Irlam area and was enquiring whether I could obtain a lease extension. What are your processes and charges. There are fivety four years outstanding
I would like to have my residential flat leasehold extension premium assessed. The flat is in Irlam, and my lease will reach sixety eight years this December. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
The terms for the lease on my apartment in Irlam are 95 years from 1 Sep 1989. Please give me a quote to extend the lease if I give you more details please?
I am looking to either purchase the freehold or a lease extension of my property in Irlam and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Bank of Ireland to free up equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease began in 1991 and since then the ground rent has increased from £25.00 per annum to £200 per annum.
I'm living at mother and father but have a studio flat in Irlam let out which has a seventy two 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 Irlam 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 19k. Should I keep or sell the flat?
Coming up to two years that I have owned my studio flat in Irlam. I have fivety nine yrs left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 425k. 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: 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 funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
I own the freehold to two flats. Someone has the lease on the lower flat in Irlam. I reside in the top flat. I was looking at the title deeds last night when I noticed that my flat is leasehold. There is sixety seven years residual lease term. If I want to do a lease extension then would I simply be paying for the solicitors charges?
I am the freeholder of a property in Irlam and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My valuer has put forward a much higher premium. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
We have a one bedroom apartment in Irlam with a lease of seventy eight years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?