Melbourne Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Melbourne
My name´s Mason. I’m flat hunting in Melbourne I'm seeing a garden flat online, with nearon seventy eight years outstanding, how much does it cost on average to extend in this area by, say, 35 years?
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 left so a lease extension is not an issue. 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any feedback would be much appreciated.
We hope to sell our three bedroom ground floor purpose built maisonette in Melbourne but we may need a lease extension, or possibly cover the costs of our purchaser. Can you suggest a lawyers to handle this?
Are you able to advise on the likely expense and the optimum way to get a lease extension started? I have nearon 68 years outstanding and I own a three bed flat in Melbourne.
Ref a leasehold in Melbourne. GFF maisonette. fivety nine yrs left. I have an agreed lease extension to £12,000 for 135yrs. Freeholder also insisted on Notice of Claim which I think should not be required. Can you assist.
We have a first floor flat in Melbourne with 71 years unexpired. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 9k. We have now decided to move forward but do we now have to start the negotiations again?
Offer accepted on a a garden flat in Melbourne, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.We are about to exchange contracts within a week. My question is why has this only just been brought to my attention by my solicitors?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My husband and I are in the throws of buying a property (a one bedroom first floor purpose built maisonette located inMelbourne with share of freehold). Throughout our search, we were always looking at flats that had a minimum 84 years left on the lease. We came across a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. Yesterday our solicitors informed us the lease only has 79 years and therefore requires a lease extension. Do we walk away, or do we reduce our offer?
We currently own a one bed flat in Melbourne and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety eight years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?