Rothwell Lease Extension - Your Legal Fees Calculator
Sample questions relating to Rothwell Lease Extensions
I’m just looking for a garden flat to buy in the Rothwell area and was after more information on how much would it cost to extend a lease? It has seventy seven years outstanding...
I am looking into the costs of carrying out a lease extension for my three bed flat in Rothwell, and would like some figures on that.
I acquired a ground floor flat in Rothwell. I am looking to extend lease on the property. It is nearon 80 years. I would just like to know what your charges are and how long the process takes.
I am looking at purchasing an auction property and came upon a studio flat in Rothwell. It only has a 48 year lease..the seller as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Nottingham Building Society?
My leasehold flat in Rothwell is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want to extend the lease. What does it cost on average to get a lease extension by, say,35 years
I do not need a lease extension but I do require a vesting order on a property I want to buy in Rothwell. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
I'm looking at buying a flat in Rothwell valued at £195,000 the flat has something like 74 years unexpired on the lease. My offer was conditional upon a lease extension... .. that was back in August, hoping I'd have moved in before now. They have just informed me that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm not sure whether that's a good idea
We are buying a ground floor flat in Rothwell which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our lawyers to do a pre-completion search on the property title. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to wait until the lease extension has actually been registered before completing.?
My wife and I are worried about obtaining a lease extension from an objectionable landlord. Even though the legal procedures were followed under the 1993 Act, the landlord still tried to get ground rent of £250 increasing by 100% every twenty five years of the new lease. Can you help?
I am currently negotiating a lease extension for my flat in Rothwell 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?