North End Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to North End Lease Extensions
I have got a leasehold flat in the North End area and was enquiring if I could get a lease extension. What are your processes and fees. There are sixety years balance left
I'm planning on purchasing a one bed flat (leasehold) but the freeholder has been absent for approximately 15yrs. I wonder whether it will be cheaper to try to purchase the reversionary title or to get a lease extension and apply for RTM?
I purchased a studio flat in North End. I am looking to extend lease on the property. It is roughly eighty one years. I would just like to know what your charges are and how long it would take for completion.
I am deliberating whether to purchase the freehold or a lease extension of my property in North End and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Bank of Scotland to free up equity. My adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease commenced in 1981 and since then the ground rent has increased from £15.00 per annum to £125 per year.
Regarding a leasehold in North End. GFF maisonette. sixety yrs left. I have an agreed lease extension to £12,000 for 115yrs. Landlord also insisted on Notice of Claim which I think should not be necessary. Can you assist.
We have a first floor flat in North End with 69 years unexpired. 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 £300 per year..plus a premium I think of approximately 9k. Finally we have decided to proceed but do we now have to renegotiate?
Me and my husband are proceeding with buying a garden flat in North End. I was advised by the EA that the lease extension had already been completed while on a viewing (fivety seven years unexpired lease prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The flat owner apparently has a quote but no finances to extend as a result the current owner wishes to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that Clydesdale won't lend on a lease?
My solicitors (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 am the freeholder of a Georgian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety two years. What are my next steps?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in North End