Sonning Common Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Sonning Common Lease Extensions
My name´s Finley. I’m property hunting in Sonning Common I'm seeing a garden flat online, with nearly 54 years unexpired lease, how much will it likely cost to get a lease extension by, say, thirty years?
I invested in buying a property in Sonning Common and it has just under sixety five years left. I'd like to extend the lease period
Hello. I need someone to have a look at my lease extension ahead of it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
We are in a building consisting of three flats in Sonning Common and have been offered to buy the freehold for £3,500 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?
My mortgage lender requires a £600 fee for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Sonning Common... I can find no mention of this in my mortgage guide... is this a standard charge?
I am thinking about bidding for an auction property and came upon a studio flat in Sonning Common. It only has a fifty year lease..the seller as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Barclays Direct?
My property lawyers (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 would like some advice on leasehold property buying. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Sonning Common area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
I'm living at parents but have a three bedroom second floor purpose built flat in Sonning Common let out which has a seventy two 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 Sonning Common 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 13k. Not sure sure whether to hold on or sell the flat?
Do you handle lease extensions on land? (a plot of land in Sonning Common with 82yrs remaining)