Martlesham Heath Lease Extension - Your Legal Fees Calculator
Martlesham Heath Lease Extensions: Q and A’s
My name´s Andrew. I’m property hunting in Martlesham Heath I'm seeing a one bedroom apartment online, with slightly less seventy eight years left, how much will it likely cost to extend in this location by, say, 45 years?
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 72 years remaining.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
The terms for the lease on my flat in Martlesham Heath are 95 years from 14 Dec 1980. Please provide me a quote for a lease extension if I give you more details please?
My mortgage provider requires a £600 fee for their property lawyers to approve the lease extension deed for my flat in Martlesham Heath... I can find no mention of this in my mortgage contract... is this a normal fee to pay?
My wife and I have a ground floor flat in Martlesham Heath with sixety years remaining. Ten months ago we were quoted a deal to have a lease extension for a further thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 14k. We have now decided to go ahead but do we now have to renegotiate?
We have owned a leasehold flat for about twenty years. There are fivety seven years unexpired lease on the lease. After a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.
I am the freeholder of a 1930’s property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 68 years. What are my next steps?
My nephew knows that others in the same building previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?
I am planning on remortgaging my garden flat in Martlesham Heath and the bank that I am looking to move to needs at least 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around 55 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension