Paignton Lease Extension - Your Legal Fees Calculator
Common questions relating to Paignton Lease Extensions
Hi, I just randomly found your website. I'm seeking prices on what it cost to extend a lease of a one bedroom apartment in Paignton. It's on the market at the moment but has nearly fivety seven years unexpired lease on the lease
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I have contacted my freeholder to extend my lease for my flat in Paignton. Her conveyancers has been in contact regarding fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started February 1987.
I wondered if you could help me on the likely expense and the best way to get a lease extension started? I have approximately seventy four years remaining and I own a three bed flat in Paignton.
My mortgage lender is requesting a £600 fee for their property lawyers to agree a lease extension for my flat in Paignton... I can find no reference of this in my mortgage contract... is this a standard cost that they charge?
My wife and I have a first floor flat in Paignton with 79 years to run. Last year we were quoted a deal to have a lease extension for another 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 14k. We have now decided to proceed but do we now have to start the negotiations again?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I'm living with my mother and father but have a one bedroom first floor purpose built flat in Paignton let out which has a sixety eight year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Paignton for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
Are you able to provide an estimate to extend my mother’s lease on a one bedroom apartment in Paignton. She recently got a figure from the landlord for a lease extension but I am unclear whether it is too high.
I have sixety nine years remaining on my lease of a ground floor flat in Paignton, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable