Newton Abbot Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Newton Abbot Lease Extensions
My name´s Riley. I’m house hunting in Newton Abbot I'm thinking about offering on a 2 bed flat online, with around 74 years unexpired lease, how much does it cost on average to get a lease extension by, say, twenty years?
I would like to have my residential flat leasehold extension premium valued. The flat is in Newton Abbot, and my lease will reach seventy three years this May. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
I inherited a ground floor flat in Newton Abbot. The start date for the lease was in 1991 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
I plan on buying a flat based in Newton Abbot. My offer is conditional upon a lease extension. The vendor’s conveyancers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Santander. Moreover, which are the following lease extension steps to complete the purchase?
I am looking for advice as I am interested in a property that has only a 67 year lease and therefore requires a lease extension. Can I call someone to discuss my options please?
My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I an interested in finding out more about purchasing a leasehold residence. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Newton Abbot area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
I am planning on remortgaging my one bed flat in Newton Abbot and the mortgage company that I am looking to switch to needs at least 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around sixety five years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
I am currently negotiating a lease extension for my flat in Newton Abbot 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 have a lease of 56 years remaining on my flat in Newton Abbot. 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?