Lancaster Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Lancaster Lease Extensions
35k agreed with the landlord’s agents, just attempting to find a Lancaster solicitors for a lease extension. Our lease has nearly 56 yrsoutstanding. What's your solicitors fee ?
I am considering investing in a second home but it has a lease that expires in 14 years. Its in Lancaster - I wanted to see if with your services it is possible for this to be extended?
I'm wanting to make an offer on a house in Lancaster but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Coventry Building Society giving us the mortgage now?
Is it possible to talk with you about a flat in Lancaster, I am thinking of buying at auction in the next few days. The flat has a short lease and I was wondering about what it would cost to get a lease extension and for your services.
I am thinking about bidding for an auction property and identified a one bed flat in Lancaster. It only has a 48 year lease..the seller being mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this other than the huge fee to extend the lease and decreased chance of getting a mortgage with Britannia?
I am the freeholder of a 1930’s property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 75 years. What are my next steps?
I'm looking at buying an apartment in Lancaster at a price of £195,000 the flat has something like 60 years remaining on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, hoping I'd have completed before now. They have just come back saying that they are prepared to reduce the price by£7k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
We are concerned about seeking a lease extension from an objectionable landlord. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £200 increasing by 100% every 25 years of the new term. Can you help?
I am currently negotiating a lease extension for my flat in Lancaster 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?
Do you handle lease extensions on land? (a plot of land in Lancaster with 82yrs remaining)