Petworth Lease Extension - Your Legal Fees Calculator
Questions and Answers: Petworth Lease Extensions
I agreed with the freeholder to a lease extension on our flat located in Petworth, 19k for another 90yrs. What's your legal fee ?
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has seventy one years outstanding.
I am about to put an offer in on a 2 bed flat in Petworth with a lease of fivety four years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I have been in touch with my freeholder to extend my lease for my flat in Petworth. His solicitors has been in contact concerning charges 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 October 1993.
I'm thinking of buying a three bedroom second floor purpose built maisonette (leasehold) but the landlord has been missing for around 15yrs. My question is would it be less expensive to try to acquire the freehold or to extend lease and apply for RTM?
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
I'm living at mum and dad but have a studio flat in Petworth let out which has a 69 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 Petworth 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?
I'm intent on acquiring a flat in Petworth at a price of £195,000 the flat has something like fivety six years remaining on the lease. My offer was conditional upon the lease being renewed... .. that was back in August, hoping I'd be in before now. They have just come back saying that they are prepared to knock £4k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
We currently own a two bedroom second floor purpose built flat in Petworth 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 two years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
I have a lease of seventy four years remaining on my flat in Petworth. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?