Locks Heath Lease Extension - Your Legal Fees Calculator
Sample questions relating to Locks Heath Lease Extensions
I have contacted my freeholder for a lease extension for my flat in Locks Heath. His solicitors has been in contact with fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started April 1992.
The terms for the lease on my flat in Locks Heath are 101 years from 14 Dec 1980. Please supply me me a quote for a lease extension if I give you more details please?
I am looking to either purchase the freehold or a lease extension of my property in Locks Heath and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with Lloyds TSB Bank to release of equity. The adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease started in 1979 and since then the ground rent has been raised from £15.00 per annum to £300 per year.
I am looking at bidding for an auction property and came upon a one bed flat in Locks Heath. It has just 49 year lease..the vendor as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Accord Mortgages Ltd?
We would like to extend our lease. We will have been in the property for two years as of 1st May 2015. It has slightly less than 77 years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 75 years. I need a conveyancers at my end. Can you advise please? I live near Locks Heath and have a mortgage with Nationwide Building Society.
It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my 2 bed flat in Locks Heath
Me and my OH are in the throws of buying a flat (a three bedroom ground floor purpose built maisonette located inLocks Heath with share of freehold). Throughout our search, we were always looking at flats that had a minimum 83 years residual lease term. We came across a place we fell in love with and the estate agent assured that the lease term was not an issue. Today our conveyancers advised us the lease only has 57 years and therefore needs a lease extension. Do we walk away, or should we negotiate our offer?
I am the freeholder of a property in Locks Heath and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has increased this by £2,000 without too much effort. My surveyor 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?
Do you handle lease extensions on land? (a plot of land in Locks Heath with 82yrs remaining)