Kingsnorth Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Kingsnorth Lease Extensions
I am looking at investing in a second home but it has a lease that expires in fifteen years. Its in Kingsnorth - I wanted to see if with your services it is possible for this to be extended?
I am looking into the costs of carrying out a lease extension for my maisonette in Kingsnorth, and would like some figures on that.
I am about to view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has fivety eight years outstanding on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
What will it cost me and what is the best way to get a lease extension started? I have around 62 years unexpired lease on my lease on a two bedroom ground floor purpose built flat in Kingsnorth. I have called the agent who act on behalf of the landlord and they gave me the number for the valuer. I telephone the surveyor but I am not getting any calls back.
My fiance and I are considering buying a maisonette in Kingsnorth which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I own the freehold reversion of a property in Kingsnorth where the leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My surveyor has recommended a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
My wife and I are aware that others in the same building had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
I am currently in the process of remortgaging my garden flat in Kingsnorth and the next lender that I am looking to switch to needs at least 85 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around sixety one years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension
I am currently negotiating a lease extension for my flat in Kingsnorth 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?