Northwich Lease Extension - Your Legal Fees Calculator
Questions and Answers: Northwich Lease Extensions
I have got a leasehold flat in the Northwich area and was enquiring if I could obtain a lease extension. What are your processes and charges. There are sixety two years balance left
I have been in touch with my freeholder to extend my lease for my flat in Northwich. Her property lawyers has been in contact concerning charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started January 1992.
I am looking into the costs of carrying out a lease extension for my first floor flat in Northwich, and would like some figures on that.
How much will I need to spend and what is the best way to start the lease extension process? I have slightly less than fivety nine years remaining on my lease on a studio flat in Northwich. I have emailed the agent who represent the landlord and they gave me the number of the valuer. I left a phone message for the surveyor but I am not receiving any calls back.
I am in need of a lease extension for my flat in Northwich and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
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 would like some help on 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 Northwich area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
My wife and I are aware that others in the same building had already had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation charges. Would you recommend such a course of action?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Northwich