Kimberley Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Kimberley Lease Extensions
I’m just looking for a garden flat to purchase in the Kimberley area and was after more information on what the likely fees would be to extend a lease? It has seventy one years unexpired...
I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leaseholders want to extend their leases and I'm wondering about the procedure for this
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am looking to either purchase the freehold or a lease extension of my property in Kimberley and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with The Mortgage Works to release of equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease began in 1981 and since then the ground rent has increased from £25.00 per year to £300 per year.
I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 72 years balance left on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
I am seeking advice as I am interested in a property that has only a sixety four year lease and therefore requires a lease extension. Is it possible for me to talk with someone to discuss my options please?
I would like some guidance on leasehold property buying. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Kimberley area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
We have been in discussion with our freeholder after having a valuation on our studio flat in Kimberley. We have a 54 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
Just a quick question, how much does it cost for a lease extension on a residential property in Kimberley for a three bed flat - sec 42 is already in place?
I have a lease of fivety nine years remaining on my flat in Kimberley. 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?