Mulbarton Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Mulbarton Lease Extensions
We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 928 years balance 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 twenty years without owning the property. Any information would be much appreciated.
I am looking to buy a ground floor flat in Mulbarton with a lease of 79 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I am deliberating whether to purchase the freehold or a lease extension of my property in Mulbarton and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Alliance & Leicester to free up equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease started in 1981 and since then the ground rent has been raised from £38.00 per year to £300 per annum.
I wondered if you could help me on how much it would charges and the optimum way to start the lease extension process? I have slightly more than sixety years unexpired lease and I own a garden flat in Mulbarton.
We have a residential flat in Mulbarton with sixety nine years left. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 9k. Finally we have decided to go ahead but do we now have to start the negotiations again?
I own a share of the freehold. There are four flats in the building. All the leaseholders are now requiring lease extensions. What's your legal fee?
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?
I an interested in finding out more about purchasing a leasehold residence. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Mulbarton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
Hello I am the freeholder reversion in a 2 bedroom flat in Mulbarton. The leaseholder has a sixety six year lease and would like to purchase another 90 years. He is offering me £21,000 but I am not sure if this is in the right ballpark
Do you handle lease extensions on land? (a plot of land in Mulbarton with 82yrs remaining)