King's Cross Lease Extension - Your Legal Fees Calculator
King's Cross Lease Extensions: Q and A’s
I inherited a studio flat in King's Cross that I am finding difficult to sell due to the lease requiring a lease extension. What's your solicitors fee ?
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 71 years left.
I am a FTB of a leasehold flat in King's Cross. The lease has only 63 years left and ground rent is £50. Is it possible for the seller to serve the Initial Notice and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the homeowner? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.
I am thinking about acquiring an auction property and found a one bed flat in King's Cross. It only has a fifty-one year lease..the seller as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the costly fee to extend the lease and decreased chance of obtaining a mortgage with Accord Mortgages Ltd?
Me and my partner are considering buying a garden flat in King's Cross which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
Offer accepted on a a one bed flat in King's Cross, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.Contracts were due to be exchanged in a couple of days. My query is Should I tell the seller that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
We have owned a leasehold flat for approximately twenty years. It now has 65 years remaining on the lease. After a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.
I'm living at parents but have a garden flat in King's Cross let out which has a seventy six 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 King's Cross 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. Not sure sure whether to hold on or sell the flat?
My wife and I are concerned about obtaining a lease extension from a difficult landlord. Even though the correct procedures were adhered to under the appropriate legislation, the landlord still tried to get ground rent of £200 doubling every 25 years of the new lease. Can you assist?
Are you able to provide an estimate to extend my mum’s lease on a garden flat in King's Cross. She recently got a figure from the landlord for a lease extension but I am unclear whether it is reasonable.