Littleborough Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Littleborough Lease Extensions
I want to buy a leasehold property and extend the lease. The flat owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any guidance would be much appreciated.
In 2010 I purchased a leasehold flat in Littleborough. I have built a large extension and have not informed the freeholder. What should I do?
How much will it cost me and what is the best way to get a lease extension started? I have nearon 71 years left on my lease on a ground floor flat in Littleborough. I have called the managing agents who act on behalf of the freeholder and they provided me with the number of the surveyor. I have contacted the valuer but I am not receiving any returned calls.
My mortgage provider is requesting several hundred pounds for their lawyers to agree a lease extension for my flat in Littleborough... I can find no reference of this in my mortgage literature... is this a usual fee to pay?
My partner and I are considering purchasing a garden flat in Littleborough which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost including vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my ground floor flat in Littleborough
I own the freehold reversion of a property in Littleborough and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to face?
I require an estimate to extend my mother’s lease on a three bedroom ground floor purpose built maisonette in Littleborough. She recently got a figure from the landlord for a lease extension but I am unclear whether it is too expensive.
I am currently negotiating a lease extension for my flat in Littleborough 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?