Nettleham Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Nettleham
I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leaseholders want a lease extension and I'm curious about the procedure for this
I'm deliberating over buying a studio flat (leasehold) but the freeholder has been absent for around 15yrs. I wonder whether it will be cheaper to try to acquire the freehold or to get a lease extension and apply for right to manage?
We are in a block of three flats in Nettleham and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I inherited a one bedroom apartment in Nettleham. I am looking to extend lease on the property. It is around eighty years. I would just like to know what your charges are and how long the process takes.
I'm looking for a flat to purchase in Nettleham and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom apartment I like with a 91 years lease. My research reveals that I can get a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender The Royal Bank of Scotland?
I am considering buying an auction property and identified a two bed flat in Nettleham. It only has a fifty-one year lease..the current owner being mortgagees in possession will not want to mess around with applying for a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and reduced chance of getting a mortgage with Nationwide Building Society?
Coming up to 2 years that I have owned my garden flat in Nettleham. I have 62 yrs left on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
My OH and I have been in discussion with our freeholder after having a valuation on our one bedroom second floor purpose built flat in Nettleham. We have a sixety three year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
We currently own a 2 bed flat in Nettleham 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 seventy two 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. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
I have a lease of fivety six years remaining on my flat in Nettleham. 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?