Longton Lease Extension - Your Legal Fees Calculator
Longton Lease Extensions Example Support Desk Enquiries
Hello, I stumbled upon this website. I'm looking for prices on what a lease extension will cost for a garden flat in Longton. It's up for sale at the moment but has about seventy one years of unexpired leasehold
I invested in buying a one bedroom apartment in Longton. I am looking to extend lease on the property. It is approaching eighty one years. I would just like to know what your charges are and how long the process takes.
I am considering whether to purchase the freehold or a lease extension of my property in Longton and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Bank of Scotland to free up equity. My adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease commenced in 1981 and since then the ground rent has been raised from £38.00 per year to £125 per year.
I am concerned that my daughter is being hoodwinked. She submitted an offer on a one bedroom apartment in Longton, where the lease is roughly 74 years but she was told by the estate agents that the seller had extended it to 99 years. She has now been informed the seller was holding off for her to appoint lawyers prior to commencing with the lease extension. Sounds devious, also it will take a while to sort it all out. Am I reading too much into it?
My mortgage lender is requesting several hundred pounds for their property lawyers to agree a lease extension for my flat in Longton... I am unable to find any mention of this in my mortgage booklet... is this a usual charge?
We have a first floor flat in Longton with seventy nine years to run. Last year we were quoted a deal to grant a lease extension for a further fifty years but also increase ground rent from nominal to £200 per annum..plus a premium I think of approximately 9k. Finally we have decided to move forward but do we now have to renegotiate?
We are considering purchasing a garden flat in Longton which is a leasehold. I am wondering what are the pros and cons of that - what occurs 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 extending the lease?
My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Longton for a two bed flat - sec 42 having been issued?
We have a garden flat in Longton with a lease of 59 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?