Nether Stowey Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Nether Stowey Lease Extensions
My name´s Logan. I’m house hunting in Nether Stowey I'm deliberating offering on a one bedroom second floor purpose built flat online, with approximately seventy two years unexpired lease, how much does it cost on average to get a lease extension by, say, 35 years?
We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 899 years balance 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 information would be much appreciated.
Regarding a residence in Nether Stowey. upper maisonette. sixety seven yrs remaining. I have negotiated a lease extension price of £20k for 115yrs. Freeholder also requested Section 42 Notice which I think should not be required. Advice required.
My husband and I have owned a leasehold flat for about twenty years. It now has 65 years remaining on the lease. Following a year of difficult 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 LVT and would appreciate some independent thoughts.
I'm living with my parents but have a garden flat in Nether Stowey let out which has a seventy five year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Nether Stowey for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
I am the registered freeholder of a couple of flats. Someone has the lease on the garden flat in Nether Stowey. I reside in the top flat. I was looking at the land registry documents last night when I noticed that my flat has a lease on it. There is fivety nine years residual lease term. If I want a lease extension then would I simply be paying for the conveyancing practitioners fees?
I own the freehold reversion of a property in Nether Stowey where the leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has upped this by £2,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?
I am currently negotiating a lease extension for my flat in Nether Stowey 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?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Nether Stowey
I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Nether Stowey. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good conveyancing practitioners who specialises in lease extensions?