Lynton Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Lynton Lease Extensions
I inherited a flat in Lynton with a leasehold unexpired around fivety four years and need to extend it. Please can you clarify the next stages
I am considering investing in a second home but it has a lease that expires in twenty years. Its in Lynton - I wanted to see if with your services this could be extended?
We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 928 years outstanding 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 twenty years without owning the property. Any advice would be much appreciated.
I have my suspicions that my niece is being hoodwinked. She put in an offer on a garden flat in Lynton, where the lease is slightly more seventy two years but she was advised by the selling agents that the owner 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. Seems odd to me, also it could take a while to sort it all out. Am I being too sceptical?
We have a GFF located in Lynton. There is 80 years remaining on the lease and we want to extend the lease. How much does it cost on average to extend in this area by, say,45 years
We are considering purchasing a garden flat in Lynton which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
I am the owner of a purpose-built flat in a small block in Lynton. The leasehold interest in the apartment on a 101 year lease which commenced on 2nd October 1970 with a non-reviewable yearly rent of 20. I would like to obtain a lease extension. Can I call someone to go through my options please?
Me and my wife are hoping to buy a flat (a garden flat based inLynton with share of freehold). During our search, we were always looking at apartments that had a minimum 84 years residual lease term. We found a place we liked and the estate agent promised us that the lease was long albeit not specifying a number. Yesterday our lawyers told us the lease only has 64 years and thus requires a lease extension. Do we walk away, or should 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 am currently in the process of refinancing my studio flat in Lynton and the next lender that I am looking to move to requires at least 85 years remaining on the lease in order for them to progress matters. We currently have around 59 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
I have a lease of seventy three years remaining on my flat in Lynton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?