Nunthorpe Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Nunthorpe
I just completed on a property in Nunthorpe and it has around 75 years remaining. I'd like to arrange a lease extension by twenty years
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has seventy six years residual lease term.
We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not a worry. 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 25 years without owning the property. Any guidance would be much appreciated.
I own a ground floor flat in Nunthorpe. The lease started in 1998 for 99 years. Now I am looking for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
Think I may have made a mistake, I am seeking a conveyancing practitioners in Nunthorpe who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
I need to talk to you about a leasehold property in Nunthorpe, I am considering bidding at auction in the next few days. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
I am thinking about whether to purchase the freehold or a lease extension of my property in Nunthorpe and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Virgin Money to release of equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease began in 1991 and since then the ground rent has been raised from £15.00 per year to £100 per year.
I note that your website states the likely fee to extend a lease is £495. Is that the total cost excluding value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Nunthorpe
I own the freehold reversion of a property in Nunthorpe and a leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer 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 a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
We know that others in the same building previously had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest this course of action?