Rocester Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Rocester Lease Extensions
I’m about to offer on a ground floor flat to buy in the Rocester area and was curious what the likely fees would be for a lease extension? It has 55 years left...
I invested in buying a flat in Rocester with a leasehold unexpired roughly sixety nine years and need to extend it. Please can you advise me of the next stages
I want to buy a leasehold property and lease extension. The current owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I'm thinking of buying a garden flat (leasehold) but the landlord has been absent for roughly 15yrs. My query is would it be less expensive to try to buy the reversionary title or to extend lease and apply for right to manage?
The terms for the lease on my flat in Rocester are 101 years from 1 Sep 1980. Please supply me me a quote to extend the lease if I give you more information please?
I am thinking about bidding for an auction property and identified a studio flat in Rocester. It only has a fifty year lease..the current owner as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and decreased chance of getting a mortgage with HSBC Bank?
I'm living at parents but have a garden flat in Rocester let out which has a 61 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Rocester for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
My wife and I are hoping to acquire a flat (a garden flat inRocester with share of freehold). During our search, we were always looking at flats that had a minimum ninety years left on the lease. We found a place we liked and the selling agent promised us that the lease was long albeit not specifying a number. This morning our conveyancing practitioners informed us the lease only has 76 years and thus needs a lease extension. Do we run 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?
Do you handle lease extensions on land? (a plot of land in Rocester with 82yrs remaining)