Quinton Lease Extension - Your Legal Fees Calculator
Questions and Answers: Quinton Lease Extensions
We agreed with the head landlord to a lease extension on our flat in Quinton, 10k for another 90yrs. What's your legal fee ?
I acquired a flat in Quinton with a leasehold unexpired around sixety four years and need to extend it. Please can you advise me of the next stages
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety eight years outstanding.
I am deliberating whether to purchase the freehold or a lease extension of my property in Quinton and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Bank of Scotland to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease started in 1972 and since then the ground rent has increased from £38.00 per year to £200 per annum.
I'm looking for a flat to buy in Quinton and I'm not really familiar with the leasehold tenure. I've found a one bed flat I like with a 87 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
I am a FTB of a leasehold flat in Quinton. The lease has just 62 years residual lease term and ground rent is £50. Is it possible for the seller to serve the Initial Notice and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the owner? To add to the complexity it’s the case of an missing landlord, so I am not sure how does it work.
Regarding a property in Quinton. lower maisonette. 76 yrs remaining. I have negotiated a lease extension price of £14k for 135yrs. Landlord also insisted on Initial Notice which I think is a tad over the top. Can you assist.
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I commence the process, is this correct?
We currently own a one bed flat in Quinton 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 20k 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?
We have a studio flat in Quinton with a lease of sixety five years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?