Oakham Lease Extension - Your Legal Fees Calculator
FAQs concerning Oakham Lease Extensions
I’m just looking for a studio flat to buy in the Oakham area and was after more information on what the likely fees would be to extend a lease? It has 72 years outstanding...
I want to purchase a leasehold property and lease extension. The flat owner has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I have contacted my freeholder for a lease extension for my flat in Oakham. His solicitors has been in contact with fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started November 1994.
I'm looking for a flat to purchase in Oakham and I'm not really familiar with the leasehold title. I've identified a one bedroom apartment I like with a 87 years lease. My research reveals that I can apply for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
I am about to view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has sixety three years balance left on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
Offer accepted on a a one bedroom apartment in Oakham, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as 82 years.We are about to exchange contracts within a week. My query is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my ground floor flat in Oakham
I own the freehold reversion of a property in Oakham where the leaseholder has requested a lease extension. Her valuer has provided a figure of £8,000, but has increased this to £10,000 at the drop of a hat. 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 tribunal, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
We currently own a garden flat in Oakham 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 seven years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Oakham 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?