Rayleigh Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Rayleigh Lease Extensions
My name´s Alexander. I’m flat hunting in Rayleigh I'm seeing a two bedroom ground floor purpose built maisonette online, with around 72 years outstanding, how much will it likely cost to extend in this area by, say, 35 years?
My wife has a flat located in Rayleigh which we have just put on the market. The leasehold has slightly more than 70 years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
I am looking for a lawyers in Rayleigh and they need to be on the The Royal Bank of Scotland approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
The terms for the lease on my apartment in Rayleigh are 101 years from 15 Sep 1989. Can you supply me me a quote to extend the lease if I give you more specifics please?
I am a first time buyer of a leasehold flat in Rayleigh. The lease has just 63 years unexpired and ground rent is £95. Is it possible for the homeowner to serve the Notice of Claim and then transfer over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the homeowner? To add to the complexity the freeholder can not be found, so I am not sure how does it work.
I am looking at acquiring an auction property and identified a one bed flat in Rayleigh. It only has a 48 year lease..the vendor being mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Chelsea Building Society?
Just been over two years that I have been in my studio flat in Rayleigh. I have 59 yrs outstanding on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
Me and my OH are in the throws of buying a home (a garden flat located inRayleigh with share of freehold). Throughout our search, we were always looking at flats that had a minimum ninety years left. We identified a apartment we liked and the selling agent assured that the lease term was not an issue. Yesterday our conveyancers informed us the lease only has 56 years and thus requires a lease extension. Should 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?
Do you handle lease extensions on land? (a plot of land in Rayleigh with 82yrs remaining)
I have a lease of 77 years remaining on my flat in Rayleigh. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?