Long Itchington Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Long Itchington Lease Extensions
I bought a studio flat in Long Itchington. I am looking to extend lease on the property. It is approximately 80 years. I would just like to know what your charges are and how long the process takes.
I am looking to either purchase the freehold or a lease extension of my property in Long Itchington and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Norwich and Peterborough Building Society to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease started in 1991 and since then the ground rent has increased from £15.00 per annum to £300 per year.
Are you able to advise on the likely charges and the optimum way to get a lease extension started? I have circa 79 years outstanding and I own a studio flat in Long Itchington.
My flat in Long Itchington is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,twenty years
I do not need a lease extension but I do need a vesting order on a property I want to purchase in Long Itchington. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
We are purchasing a garden flat in Long Itchington which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our lawyers to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we have to wait until the lease extension has actually been registered before completing.?
Are you able to provide an estimate to extend my mum’s lease on a one bedroom apartment in Long Itchington. She recently got a price from the freeholder for a lease extension but I am far from certain if it is reasonable.
I am currently in the process of refinancing my two bedroom second floor purpose built flat in Long Itchington and the bank that I am looking to move to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around 72 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
We have a three bedroom second floor purpose built flat in Long Itchington with a lease of sixety seven years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?