Portsmouth Lease Extension - Your Legal Fees Calculator
Portsmouth Lease Extensions: Q and A’s
I own a leasehold flat in the Portsmouth area and was enquiring whether I could get a lease extension. What are your processes and charges. Has 76 years balance left
I am looking at investing in a second home but it has a lease that expires in fifteen years. Its in Portsmouth - I wanted to see if with your services it is possible for this to be extended?
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 63 years remaining.
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 am a landlord of a block of flats in Portsmouth, and the lessees are in the process of being granted lease extensions. I anticipate receiving funds next week. As I am not on self assessment do I write to HMRC ?
I am considering buying an auction property and identified a two bed flat in Portsmouth. It has just 50 year lease..the seller as mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with HSBC Bank?
I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost including value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my studio flat in Portsmouth
Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Portsmouth for a two bed flat - sec 42 having been issued?
Me and my husband are hoping to buy a property (a ground floor flat inPortsmouth with share of freehold). Throughout our search, we were always looking at flats that had at least ninety years balance left. We came across a place we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our conveyancers informed us the lease only has seventy five years and thus requires a lease extension. Should we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I require an estimate to extend my aunt’s lease on a 2 bed flat in Portsmouth. She recently got a figure from the landlord for a lease extension but I am not sure it is too expensive.