Lyme Regis Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Lyme Regis Lease Extensions
I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Lyme Regis - I wanted to see if with your services this could be extended?
We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any suggestions would be much appreciated.
I own a two bedroom second floor purpose built flat in Lyme Regis. The start date for the lease was in 1998 for 99 years. Now I am wanting to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
The intention is to sell our ground floor flat in Lyme Regis but we may need to extend the lease, or at least cover the expense of our purchaser. Can you recommend a conveyancers to undertake the legal formalities?
Is it possible to talk with you about an apartment in Lyme Regis, I am considering buying at auction next week. The flat only has a few years unexpired lease and I am curious about what it would cost to get a lease extension and for your services.
We are considering purchasing a studio flat in Lyme Regis which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Lyme Regis. I would be grateful if you can give me a call when you get a chance to discuss the case.
Me and my wife have been in discussion with our freeholder after having a valuation on our one bedroom second floor purpose built maisonette in Lyme Regis. We have a sixety nine year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
I am the freeholder of a property in Lyme Regis where the leaseholder would like a lease extension. Her valuer has provided a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My surveyor has put forward a much higher amount. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
I am currently negotiating a lease extension for my flat in Lyme Regis 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?