Rugby Lease Extension - Your Legal Fees Calculator
Common questions relating to Rugby Lease Extensions
Do you only handle lease extensions in Rugby? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a property lawyers.
I inherited a studio flat in Rugby with a leasehold unexpired of seventy six years. I am enquiring about how much it will cost me to extend my lease term
I am looking to purchase a three bed flat in Rugby with a lease of 73 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
My neighbours and I are in a block containing four flats in Rugby and have been offered to buy the freehold for £5000 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?
We inherited a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Rugby and are therefore considering the option of a vesting order. Is this something you can help us with?
I will soon view a one bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has fivety five years unexpired on the lease. It is also a repo so I'm guessing that the lender will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
I am a first time buyer of a leasehold flat in Rugby. The lease has only fivety seven years outstanding and ground rent is £95. Is it possible for the vendor to serve the Initial Notice and then assign over the right to me as the purchaser on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the seller? To add to the complexity it’s the case of an missing freeholder, so I am not sure how does it work.
I am considering bidding for an auction property and came upon a one bed flat in Rugby. It only has a 50 year lease..the vendor as mortgagees in possession will not want to mess around with applying for a lease extension..what are the disadvantages of this except for the costly fee to extend the lease and decreased chance of getting a mortgage with Santander?
We are looking to extend our lease having owned the flat for 2 years as of 21st May 2015. It has just under fivety seven years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as possible.
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?