Sidmouth Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Sidmouth
I bought a 2 bed flat based in Sidmouth with a leasehold unexpired of 54 years. I am curious about what it will cost me to extend my lease term
My co-lessees and I are in a building made up five flats in Sidmouth and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I have my suspicions that my niece is being hoodwinked. She submitted an offer on a three bedroom first floor purpose built flat in Sidmouth, where the lease is slightly more sixety three years but she was told by the selling agents that the seller had extended it to 99 years. Only now has she been advised the current owner was holding off for her to instruct conveyancers ahead of instigating the lease extension. Sounds underhand, also it could take a while to sort it all out. What do you think?
My mortgage lender is requesting several hundred pounds for their solicitors to agree a lease extension for my flat in Sidmouth... I am unable to find any reference of this in my mortgage contract... is this a standard charge?
I am a freeholder of a block of flats in Sidmouth, and the tenants are in the process of being given lease extensions. I anticipate receiving funds next month. How does the tax work, the property is co-owned with my wife ?
My partner and I are considering purchasing a one bedroom apartment in Sidmouth which is a leasehold. I am wanting to weigh up 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 prevent me from extending the lease?
My husband and I are proceeding with a purchase of a garden flat in Sidmouth. I was advised by the EA that the lease extension had already been completed while on a viewing (60 years remaining prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The current owner apparently has a quote but no money to extend and consequently the flat owner wishes to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
My solicitors (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 am planning on remortgaging my ground floor flat in Sidmouth and the mortgage company that I am looking to switch to requires at least 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around 74 years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension
We currently own a one bedroom apartment in Sidmouth and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy three years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?