Ruddington Lease Extension - Your Legal Fees Calculator
Common questions relating to Ruddington Lease Extensions
Me and my OH have just purchased a maisonette based inRuddington and I'm deliberating a lease extension as soon as possible e.g. in 24 months of ownership
I have a lease of 55 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I inherited a three bed flat in Ruddington with a leasehold unexpired of seventy eight years. I am wondering about how much it will cost me to extend my lease
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?
We are selling our studio flat in Ruddington but we may need to extend the lease, or possibly cover the expense of our buyers. Are you able to suggest someone to help us?
I am looking at bidding for an auction property and found a two bed flat in Ruddington. It only has a 50 year lease..the current owner as mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this other than the costly fee to extend the lease and reduced chance of getting a mortgage with Coventry Building Society?
Just been over 2 years that I have been in my 2 bed flat in Ruddington. I have seventy six yrs remaining on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Ruddington for a three bed flat - section 42 is already served?
I own the freehold reversion of a property in Ruddington where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this to £10,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
I am planning on remortgaging my one bedroom apartment in Ruddington and the mortgage company that I am looking to move to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 56 years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process