Shifnal Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Shifnal Lease Extensions
Me and my OH have just bought a three bedroom first floor purpose built maisonette located inShifnal and I'm thinking about extending the lease as soon as possible e.g. in 24 months of ownership
I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Shifnal - I wanted to see if with your services it is possible for this to be extended?
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy six years left.
My mortgage lender is requesting several hundred pounds for their lawyers for a "deed of substituted security" for the lease extension for my flat in Shifnal... I can find no mention of this in my mortgage booklet... is this a usual cost that they charge?
I am looking at bidding for an auction property and came upon a studio flat in Shifnal. It only has a fifty-one year lease..the vendor as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Halifax?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I intend to buy a one bed flat in Shifnal for asking price of 125k, which has seventy nine 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 landlord 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?
Hi I am the freeholder interest in a 2 bedroom flat in Shifnal. The leaseholder has a 62 year lease and would like to purchase further 90 years. She is offering me £21,000 but I am not sure if this is too low an offer
I'm looking at buying an apartment in Shifnal valued at £256,000 the flat has just under sixety one years unexpired on the lease. My offer was conditional upon the lease being renewed... .. that was back in August, expecting I'd have moved in by Christmas. They have just informed the agent they are willing to reduce the price by£7k if I deal with the lease extension myself. I'm unsure whether that's a good idea
I am currently negotiating a lease extension for my flat in Shifnal 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?