Examples of recent questions relating to Lease Extensions in Shanklin

  • I’m about to offer on a one bed apartment to purchase in the Shanklin area and was after more information on how much would it cost for a lease extension? It has 75 years remaining...
  • My wife has an apartment in Shanklin which we have just put on the market. The leasehold has approximately sixety five years unexpired on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
  • I invested in buying a two bedroom ground floor purpose built flat located in Shanklin with a leasehold unexpired of 57 years. I am curious about what I will need to spend to extend my lease term
  • I invested in buying a one bedroom apartment in Shanklin. I am looking for a lease extension on the property. It is about eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • My fiance and I are considering buying a maisonette in Shanklin which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • I intend to buy a one bed flat in Shanklin for asking price of 125k, which has sixety six years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am looking for advice as I am interested in a property that has only a sixety one year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?
  • 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 doing it?
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my garden flat in Shanklin
  • I have sixety three years remaining on my lease of a ground floor flat in Shanklin, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Shanklin