Saltburn By The Sea Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Saltburn By The Sea Lease Extensions
My OH and I have just purchased a maisonette based inSaltburn By The Sea and I'm thinking about extending the lease as soon as practicable e.g. after 24 months of ownership
My neighbours and I are in a block comprising three flats in Saltburn By The Sea 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?
The terms for the lease on my flat in Saltburn By The Sea are 101 years from 12 Feb 1989. Can you provide me a quote for a lease extension if I give you more information please?
I am deliberating whether to purchase the freehold or a lease extension of my property in Saltburn By The Sea and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with The Mortgage Works to free up equity. My adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1981 and since then the ground rent has increased from £25.00 per year to £300 per year.
I'm looking for a flat to purchase in Saltburn By The Sea and I'm not really familiar with the leasehold concept. I've identified a two bedroom second floor purpose built maisonette I like with a 87 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Britannia?
We have a leasehold flat in Saltburn By The Sea with fivety six years to run. Last year we were quoted a deal to grant a lease extension for a further thirty years but also increase ground rent from notional to £300 per year..plus a premium I think of approximately 14k. We have now decided to move forward but do we now have to start the negotiations again?
My brother has a share of freehold, with two other leaseholders in a building in Saltburn By The Sea. House divided into three apartments. He has a lease, which has nearon seventy eight yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
We would like to know the cost of a lease extension valuation for a property based in Saltburn By The Sea. Would you be able to help?
I own the freehold reversion of a property in Saltburn By The Sea and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this to £10,000 without too much effort. My surveyor has recommended a much higher amount. Negotiations have broken down so it looks at though we need to go to a FTT. 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 costs would I be likely to incur?
I'm looking for some advice with regard to a lease extension on my three bed flat in Saltburn By The Sea. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?