Soham Lease Extension - Your Legal Fees Calculator
Soham Lease Extensions: Q and A’s
I am looking for a lease extension on the lease on my maisonette in Soham which will have 72 years left in November. What fees do you charge for this?
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 59 years outstanding.
Hello. I need someone to have a look at my lease extension before it's formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
My brother has a share of freehold, with two other leaseholders in a building in Soham. House divided into three flats. He has a lease, which has circa sixety seven years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy five years. I need a conveyancers at my end. Can you advise please? I live near Soham and have a mortgage with Barnsley Building Society.
Coming up to 2 years that I have been in my one bedroom apartment in Soham. I have fivety nine years outstanding on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
I'm looking at buying an apartment in Soham valued at £256,000 the flat has something like sixety two years unexpired on the lease. My offer was conditional upon the lease being renewed... .. that was back in June, hoping I'd be in by now. The seller has just informed me they'll reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
My OH and I are hoping to buy a flat (a maisonette inSoham with share of freehold). During our search, we were always looking at properties that had a minimum 83 years outstanding. We came across a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our conveyancing practitioners advised us the lease only has fivety nine years and thus needs a lease extension. Do we walk 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?
I am currently in the process of refinancing my studio flat in Soham and the mortgage company that I am looking to switch to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. We currently have around sixety seven years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension