Royton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Royton Lease Extensions
I am looking for lease extension for our leasehold house located in Royton and we don't fully comprehend the communication that we got from our landlord company. Can you please assist us with this situation?
I agreed with the freeholder to a lease extension on our flat in Royton, 12.5k for an additional 90yrs. How long will it take ?
I’m just looking for a garden flat to purchase in the Royton area and was interested in finding out how much would it cost to extend a lease? It has sixety six years remaining...
I have a lease of seventy two years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I own a one bedroom apartment in Royton. The start date for the lease was in 2001 for 99 years. Now I am looking for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
My co-lessees and I are in a building comprising four flats in Royton and have been offered to buy the freehold for £3,500 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 fiance and I had entered into a purchase of a 2 bed flat in Royton. I was informed that the lease had been lengthened (sixety three years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The seller apparently has a quote but no funds to extend and consequently the vendor wants to exchange and use the my deposit to extend the lease. My question is why has this only just been brought to my attention by my conveyancers?
We would like to know the cost of a lease extension valuation for a property based in Royton. Would you be able to help?
My and my partner know that others in the same block previously had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous prices . This would save on double valuation charges. Would you suggest this course of action?
I am currently negotiating a lease extension for my flat in Royton 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?