Potters Bar Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Potters Bar Lease Extensions
My husband and I are thinking about a lease extension for our leasehold house in Potters Bar and we are confused by the letter that we got from our landlord company. Are you able to help us with this situation?
I am about to put an offer in on a ground floor flat in Potters Bar with a lease of 74 years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Potters Bar, and would like some figures on that.
I need to talk to you about a flat in Potters Bar, I am thinking of buying at auction in the next few days. The flat only has a few years outstanding and I am curious about how much it would cost to get a lease extension and for your services.
My mortgage lender requires a £450 fee for their lawyers to agree a lease extension for my flat in Potters Bar... I can find no mention of this in my mortgage guide... is this a normal fee to pay?
We would like to know the cost of a lease extension valuation for a property based in Potters Bar. Is this something you can help us with?
Coming up to two years that I have been in my one bed flat in Potters Bar. I have fivety eight yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
We are in the throws of buying a home (a garden flat based inPotters Bar with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 83 years balance left. We found a place we fell in love with and the selling agent assured that the lease term was not an issue. Today our conveyancing practitioners told us the lease only has 71 years and thus needs a lease extension. Do we run away, or do 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?
We currently own a garden flat in Potters Bar 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 sixety years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
Do you handle lease extensions on land? (a plot of land in Potters Bar with 82yrs remaining)