Sherwood Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Sherwood Lease Extensions
I am looking to extend the lease on my garden flat in Sherwood which will have 57 years remaining in September. What fees apply?
I need to extend my existing lease can you assist? I think it has sixety seven years balance left
I wondered if you could help me on the likely expense and the best way to start the lease extension process? I have roughly seventy eight years left and I own a maisonette in Sherwood.
My mortgage lender is requesting several hundred pounds for their conveyancing practitioners for a "deed of substituted security" for the lease extension for my flat in Sherwood... I am unable to find any mention of this in my mortgage literature... is this a standard cost that they charge?
I own a share of the freehold. There are four flats in the house. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I commence the process, is this correct?
I own a purpose-built apartment in a large block in Sherwood. The leasehold interest in the apartment on a 101 year lease which commenced on 1 March 1980 with a non-reviewable yearly rent of 20. I would like to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?
My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I'm looking at acquiring a flat in Sherwood at a price of £256,000 the flat has approximately 60 years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in August, hoping I'd have moved in by now. They have just come back saying they are willing to knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
Me and my OH are hoping to purchase a property (a one bedroom first floor purpose built maisonette inSherwood with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 83 years remaining. We identified a apartment we liked and the estate agent promised us that the lease term was not an issue. This morning our conveyancing practitioners informed us the lease only has 73 years and therefore needs a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?