Romiley Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Romiley Lease Extensions
Think I may have made a mistake, I am actually looking for a conveyancers in Romiley who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
I'm looking for an apartment to buy in Romiley and I'm not really familiar with the leasehold tenure. I've identified a one bed flat I like with a 91 years lease. My research reveals that I can apply for a lease extension having owned the property for 2 years, but:- Is this a given?
I am considering acquiring an auction property and identified a studio flat in Romiley. It only has a 48 year lease..the seller as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of getting a mortgage with Lloyds TSB Bank?
My leasehold flat in Romiley is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,twenty years
I own a share of the freehold. There are three flats in the building. All the leaseholders are now looking for lease extensions. Are you willing to help us with this situation?
We are considering purchasing a one bedroom apartment in Romiley which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from extending the lease?
We have owned a leasehold flat for around eighteen years. It now has sixety five years unexpired lease on the lease. Following a year of protracted negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
I'm intent on purchasing a flat in Romiley at a price of £195,000 the flat has approaching fivety eight years unexpired on the lease. My offer was conditional upon a lease extension... .. that was back in August, hoping I'd have moved in by now. They have just informed me they are willing to knock £4k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
I require an estimate to extend my aunt’s lease on a two bedroom ground floor purpose built maisonette in Romiley. She recently got a figure from the freeholder for a lease extension but I am far from certain if it is too high.
I am currently negotiating a lease extension for my flat in Romiley as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?