Scunthorpe Lease Extension - Your Legal Fees Calculator
FAQs concerning Scunthorpe Lease Extensions
I am looking for a property lawyers in Scunthorpe and they need to be on the Bank of Scotland approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend a solicitors ?
I'm deliberating over purchasing a maisonette (leasehold) but the landlord has been absent for roughly 15yrs. My query is would it be cheaper to try to acquire the freehold or to extend lease and apply for RTM?
I am looking into the costs of carrying out a lease extension for my first floor flat in Scunthorpe, and would like some figures on that.
If a leaseholder owns a flat with a lease of less than 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 extending the lease?
I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Scunthorpe
I'm looking at acquiring a flat in Scunthorpe at a price of £210,000 the flat has something like sixety years remaining on the lease. My offer was subject to a lease extension... .. that was back in September, expecting I'd have completed before now. They have just come back saying that they are prepared to reduce the price by£8k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
My wife and I are aware that others in the same block had already had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on previous prices . This would save on double valuation charges. Would you recommend this course of action?
We currently own a 2 bed flat in Scunthorpe and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 63 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Scunthorpe 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?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Scunthorpe