Loddon Lease Extensions: Q and A’s

  • I invested in buying a one bedroom apartment in Loddon that I now cannot sell as a result of the lease needing a lease extension. What's your solicitors fee ?
  • I own a leasehold flat in the Loddon area and was wondering whether I could obtain a lease extension. What are your processes and charges. There are fivety five years unexpired
  • I want to acquire a leasehold property and extend the lease. The homeowner has been there over two 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 ?
  • I am considering whether to purchase the freehold or a lease extension of my property in Loddon and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Chelsea Building Society to release of equity. My broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease began in 1981 and since then the ground rent has been raised from £15.00 per annum to £100 per year.
  • My mortgage lender requires several hundred pounds for their solicitors to agree a lease extension for my flat in Loddon... I can find no mention of this in my mortgage guide... is this a usual fee to pay?
  • I an interested in finding out more about purchasing a leasehold residence. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Loddon area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I am looking to extend the lease on my 2 bed flat in Loddon I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • Just a quick one, how much are the legal fees for a lease extension on a residential property in Loddon for a three bed flat - section 42 is already in place?
  • Me and my husband are in the throws of buying a home (a one bedroom apartment based inLoddon with share of freehold). Throughout our search, we were always looking at flats that had a minimum ninety years balance left. We identified a place we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. This morning our conveyancing practitioners advised us the lease only has sixety three years and thus requires a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I have fivety five years remaining on my lease of a ground floor flat in Loddon, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • Other Topics

    Lease Extensions in Loddon

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Loddon