Lowestoft Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Lowestoft Lease Extensions
We agreed with the landlord for a lease extension on our flat based in Lowestoft, 12k for a further 90yrs. What's your solicitors fee ?
I purchased a flat in Lowestoft with a leasehold unexpired around fivety four years and need a lease extension. Please can you clarify the next steps
I own a leasehold apartment in Lowestoft. I have built a large extension and have not informed the leaseholder. What should I do?
I'm looking for an apartment to buy in Lowestoft and I'm not really familiar with the leasehold arrangement. I've identified a garden flat I like with a 82 years lease. I've read that I can apply for a lease extension after 2 years, but:- Is this a given?
I am about to view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has fivety four years residual lease term on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
I intend to buy a one bed flat in Lowestoft for asking price of 125k, which has sixety five years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
My husband has a share of freehold, with two other leaseholders in a building in Lowestoft. House converted into three flats. He has a lease, which has nearon 71 yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
I'm living with my mother and father but have a ground floor flat in Lowestoft let out which has a 75 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Lowestoft for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
I am currently negotiating a lease extension for my flat in Lowestoft 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?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Lowestoft