Old St Mellons Lease Extension - Your Legal Fees Calculator
Common questions relating to Old St Mellons Lease Extensions
I am looking for lease extension for our leasehold house located in Old St Mellons and we don't fully comprehend the communication that we got from our landlord company. Can you please assist us with this situation?
I agreed with the freeholder to a lease extension on our flat in Old St Mellons, 12.5k for an additional 90yrs. How long will it take ?
I’m just looking for a garden flat to purchase in the Old St Mellons area and was interested in finding out how much would it cost to extend a lease? It has sixety six years remaining...
Do you only advise on lease extensions in Old St Mellons? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a conveyancing practitioners.
I own a one bedroom apartment in Old St Mellons. The start date for the lease was in 2001 for 99 years. Now I am looking for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
My co-lessees and I are in a building comprising four flats in Old St Mellons and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
My fiance and I had entered into a purchase of a 2 bed flat in Old St Mellons. I was informed that the lease had been lengthened (sixety three years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The seller apparently has a quote but no funds to extend and consequently the vendor wants to exchange and use the my deposit to extend the lease. My question is why has this only just been brought to my attention by my conveyancers?
We would like to know the cost of a lease extension valuation for a property based in Old St Mellons. Would you be able to help?
My and my partner know that others in the same block previously 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 prices . This would save on double valuation charges. Would you suggest this course of action?
I am currently negotiating a lease extension for my flat in Old St Mellons 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?