Sheerness Lease Extension - Your Legal Fees Calculator
Sheerness Lease Extensions: Q and A’s
I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the the process
I want to acquire a leasehold property and lease extension. The owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I have a lease of 77 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
How much will it cost me and what is the best way to start the lease extension process? I have around 64 years left on my lease on a three bed flat in Sheerness. I have emailed the agent who act on behalf of the landlord and they provided me with the number of the valuer. I left a phone message for the surveyor but I am not getting any kind of reaction.
My mortgage lender is requesting a £600 fee for their solicitors to approve the lease extension deed for my flat in Sheerness... I am unable to find any reference of this in my mortgage guide... is this a usual fee to pay?
My fiance and I are considering buying a maisonette in Sheerness which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Sheerness. I would be grateful if you can give me a call when you get a chance to discuss the case.
I'm living with my mum and dad but have a one bedroom apartment in Sheerness let out which has a sixety one year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Sheerness for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
My wife and I are aware that others in the same building had already had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
I am currently negotiating a lease extension for my flat in Sheerness 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?