Leicester Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Leicester Lease Extensions
I own a leasehold flat in the Leicester area and was wondering whether I could obtain a lease extension. What are your processes and fees. There are sixety nine years remaining
I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has sixety eight years left
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 have contacted my freeholder to extend my lease for my flat in Leicester. Her lawyers has been in contact with charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started October 1992.
I am deliberating whether to purchase the freehold or a lease extension of my property in Leicester and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Barclays Direct to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease commenced in 1991 and since then the ground rent has increased from £38.00 per annum to £100 per year.
I am about to view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy seven years residual lease term 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?
I have my suspicions that my niece is being hoodwinked. She submitted an offer on a garden flat in Leicester, where the lease is roughly 65 years but she was told by the estate agents that the current owner had extended it to 99 years. Only now has she been advised the owner was waiting for her to retain lawyers before commencing with the lease extension. Sounds underhand, also it could take time to sort it all out. Am I reading too much into it?
Offer accepted on a a ground floor flat in Leicester, 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.We are soon to exchange contracts within a week. My query is how is possible that the estate agent got it so wrong?
Me and my wife have owned a leasehold flat for around fifteen years. It now has 71 years left on the lease. Following a year of protracted negotiations through my solicitors and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
I have a lease of 63 years remaining on my flat in Leicester. 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?