Poole Lease Extension - Your Legal Fees Calculator
Questions and Answers: Poole Lease Extensions
I’m about to offer on a maisonette to buy in the Poole area and was curious how much would it cost to extend a lease? It has seventy eight years unexpired...
I am about to put an offer in on a three bed flat in Poole with a lease of 54 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.
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 wondered if you could help me on the likely charges and the best way to start the lease extension process? I have circa sixety four years unexpired lease and I own a three bedroom first floor purpose built flat in Poole.
My wife and I have a residential flat in Poole with sixety years to run. Last year we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 16k. We have now decided to proceed but do we now have to start the negotiations again?
I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Poole
I'm looking at acquiring an apartment in Poole valued at £210,000 the flat has something like 79 years left on the lease. I put in an offer subject to a lease extension... .. that was back in November, expecting I'd have completed by now. They have just come back saying they are willing to knock £5k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
I am currently in the process of remortgaging my one bedroom apartment in Poole and the mortgage company that I am looking to move to needs at least 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 71 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
I am currently negotiating a lease extension for my flat in Poole 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?
Do you handle lease extensions on land? (a plot of land in Poole with 82yrs remaining)