Poringland Lease Extension - Your Legal Fees Calculator
Questions and Answers: Poringland Lease Extensions
Hi, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a 2 bed flat based in Poringland. It's up for sale at the moment but has circa 71 years remaining on the lease
I own a leasehold flat in the Poringland area and was wondering whether I could get a lease extension. What are your processes and charges. Has 75 years remaining
I own a maisonnette together with the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
We hope to sell our garden flat in Poringland but we may need to extend the lease, or at least cover the expense of our buyers. Can you help me find a solicitors to undertake the legal formalities?
My mortgage lender requires several hundred pounds for their conveyancing practitioners for a "deed of substituted security" for the lease extension for my flat in Poringland... I can find no reference of this in my mortgage contract... is this a standard fee to pay?
My wife and I are proceeding with a purchase of a garden flat in Poringland. I was advised that the lease had been lengthened (seventy five years left prior to extension). The description on the listing stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The owner supposedly has a quote but no finances to extend and consequently the owner intends to exchange and use the deposit monies to extend the lease. My question is why has this only just been brought to my attention by my conveyancing practitioners?
My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I'm living at mother and father but have a garden flat in Poringland let out which has a 70 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 Poringland 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 19k. Not sure sure whether to hold on or sell the flat?
I have 77 years remaining on my lease of a ground floor flat in Poringland, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Poringland