Sleaford Lease Extension - Your Legal Fees Calculator
FAQs concerning Sleaford Lease Extensions
Hi, I just randomly found your website. I'm looking for prices on what it cost to extend a lease of a garden flat located in Sleaford. It's up for sale at the moment but has roughly 74 years remaining on the lease
I am the owner of a maisonnette together with the freehold title. My downstairs neighbours have asked to extend the lease what do I need to do?
The terms for the lease on my apartment in Sleaford are 99 years from 10 Feb 1989. Please give me a quote to extend the lease if I give you more details please?
I am considering whether to purchase the freehold or a lease extension of my property in Sleaford and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Birmingham Midshires to release of equity. The adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease began in 1981 and since then the ground rent has been raised from £38.00 per annum to £300 per annum.
Ref a property in Sleaford. GFF maisonette. 58 yrs unexpired. I have negotiated a lease extension price of £12,000 for 135yrs. Landlord also insisted on Section 42 Notice which I think is a bit over the top. Can you assist.
My OH and I are proceeding with a purchase of a two bedroom ground floor purpose built flat in Sleaford. I was advised by the EA that the lease extension had already been completed while on a viewing (seventy three years remaining prior to extension). The sales particulars stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The seller supposedly has a quote but no finances to extend as a result the flat owner intends to exchange and use the deposit monies for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
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'm living at parents but have a three bed flat in Sleaford 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 Sleaford 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 19k. Not sure sure whether to hold on or sell the flat?
We know that others in the same block had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?
I have a lease of sixety eight years remaining on my flat in Sleaford. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?