Penshaw Lease Extension - Your Legal Fees Calculator
FAQs concerning Penshaw Lease Extensions
I’m seeking a lease extension for our flat based in Penshaw and we are confused by the letter that we received from our freehold company. What's your solicitors fee?
I purchased a flat in Penshaw with a leasehold unexpired just under 73 years and need to extend it. Please can you advise me of the next steps
My wife has a flat in Penshaw which we are about to put on the market. The leasehold has slightly less than 75 years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
I am about to put an offer in on a garden flat in Penshaw with a lease of fivety six years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I am thinking about whether to purchase the freehold or a lease extension of my property in Penshaw and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Chelsea Building Society to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease commenced in 1981 and since then the ground rent has increased from £38.00 per annum to £200 per annum.
I am considering bidding for an auction property and found a studio flat in Penshaw. It only has a fifty-one year lease..the vendor as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Bank of Scotland?
We have a one bedroom flat based in Penshaw. There is eighty years to run on the lease and we want to extend the lease. How much will it likely cost to get a lease extension by, say,35 years
I'm living at mum and dad but have a garden flat in Penshaw let out which has a sixety nine 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 Penshaw 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 21k. Not sure sure whether to hold on or sell the flat?
My and my husband are worried about getting a lease extension from a difficult landlord. Notwithstanding that the correct procedures were adhered to under the 1993 Act, the freeholder still attempted to charge ground rent of £200 doubling every twenty five years of the new term. Can you assist?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Penshaw