Penshaw Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Penshaw
I agreed with the landlord to a lease extension on our flat based in Penshaw, 6k for another 90yrs. What's your legal fee ?
I own a leasehold flat in the Penshaw area and was wondering if I could obtain a lease extension. What are your processes and fees. Has 74 years outstanding
I would like to have my residential flat leasehold extension premium assessed. The flat is in Penshaw, and my lease will reach 67 years this June. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
I have a leasehold apartment in Penshaw. I have built a huge extension and have not informed my freeholder. What are my options?
I am about to view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety five years balance left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
I would like to know the likely financials and the optimum way to start the lease extension process? I have around sixety three years remaining and I own a one bedroom second floor purpose built maisonette in Penshaw.
I am considering bidding for an auction property and found a one bed flat in Penshaw. It only has a 49 year lease..the vendor as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of getting a mortgage with Godiva Mortgages Ltd?
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
I am currently in the process of remortgaging my garden flat in Penshaw and the bank that I am looking to switch to requires a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around 59 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
I am currently negotiating a lease extension for my flat in Penshaw 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?