Rendlesham Lease Extension - Your Legal Fees Calculator
FAQs concerning Rendlesham Lease Extensions
I'm about to make an offer on a house in Rendlesham but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Birmingham Midshires giving us the mortgage now?
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?
My co-lessees and I are in a building containing five flats in Rendlesham and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
My mortgage provider requires several hundred pounds for their conveyancing practitioners for a "deed of substituted security" for the lease extension for my flat in Rendlesham... I am unable to find any reference of this in my mortgage guide... is this a normal charge?
We would like to extend our lease having owned the place for two years as of 13th Jan 2016. It has nearon 59 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
I am planning to extend the lease on my studio flat in Rendlesham I am looking for help to verify the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding vat and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my three bed flat in Rendlesham
I'm intent on buying a flat in Rendlesham at a price of £210,000 the flat has just under 66 years unexpired on the lease. My offer was conditional upon the lease being extended... .. that was back in June, hoping I'd have completed by now. They have just informed the agent they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
I am the freeholder of a property in Rendlesham and a leaseholder would like a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this to £10,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
I am worried about seeking a lease extension from tricky freeholder. Notwithstanding that the legal procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £250 doubling every 25 years of the new lease. Can you help?