Shiremoor Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Shiremoor Lease Extensions
So this is the scenario: I bought a maisonette in Shiremoor that I am now unable to sell due to the lease needing a lease extension. What's your solicitors fee ?
I have shares in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the the process
I want to acquire a leasehold property and lease extension. The seller has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
Think I may have made an error, I am searching for a lawyers in Shiremoor who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
I am looking at purchasing an auction property and identified a two bed flat in Shiremoor. It only has a fifty year lease..the current owner as mortgagees in possession will not want to mess around with applying for a lease extension..what are the drawbacks of this except for the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Aldermore?
Regarding a leasehold in Shiremoor. GFF maisonette. 76 yrs remaining. I have negotiated a lease extension price of £14k for 135yrs. Freeholder also insisted on Section 42 Notice which I think is a bit over the top. Can you assist.
My fiance and I would like to know the cost of a lease extension valuation for a property based in Shiremoor. Would you be able to help?
I'm living with my parents but have a ground floor flat in Shiremoor let out which has a sixety eight 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 Shiremoor 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 21k. Not sure sure whether to hold on or sell the flat?
My wife and I are hoping to buy a home (a ground floor flat inShiremoor with share of freehold). Throughout our search, we were always looking at properties that had at least eighty five years unexpired. We came across a place we liked and the selling agent promised us that the lease term was not an issue. Yesterday our property lawyers informed us the lease only has 71 years and thus needs a lease extension. Do we run away, or do 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?
I own the freehold reversion of a property in Shiremoor and a leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?