Saffron Walden Lease Extension - Your Legal Fees Calculator
FAQs concerning Saffron Walden Lease Extensions
I am the registered owner of a one bedroom apartment in Saffron Walden that I now cannot sell due to the lease needing a lease extension. What's your legal fee ?
I am considering investing in a second home but it has a lease that expires in 14 years. Its in Saffron Walden - I wanted to see if with your services it is possible for this to be extended?
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 in a building comprising five flats in Saffron Walden and have been offered to buy the freehold for 8k 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?
I am looking to either purchase the freehold or a lease extension of my property in Saffron Walden and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Nottingham Building Society to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease started in 1991 and since then the ground rent has been raised from £38.00 per annum to £200 per year.
I am in need of a lease extension for my flat in Saffron Walden and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My OH and I are in the throws of buying a flat (a three bed flat inSaffron Walden with share of freehold). During our search, we were always looking at flats that had at least 83 years remaining. We came across a flat we fell in love with and the selling agent promised us that the lease term was not an issue. Today our conveyancing practitioners told us the lease only has sixety seven years and therefore needs a lease extension. Do we run away, or do we reduce our offer?
My wife and I are concerned about getting a lease extension from a difficult landlord. Regardless of the fact that the correct procedures were adhered to under the 1993 Act, the freeholder still tried to get ground rent of £200 increasing by 100% every twenty five years of the new term. Can you help?
My wife and I are aware that others in the same block previously had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
Are you able to provide an estimate to extend my aunt’s lease on a ground floor flat in Saffron Walden. She recently got a figure from the landlord for a lease extension but I am far from certain if it is reasonable.