South Cave Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in South Cave
We agreed with the freeholder to a lease extension on our flat in South Cave, 8.5k for an extension by 90yrs. What's your legal fee ?
35k agreed with the landlord, just attempting to find a South Cave conveyancers for a lease extension. Our lease has nearon 62 yrsunexpired lease. How long will this take ?
I acquired a garden flat in South Cave that I now cannot sell due to the lease requiring a lease extension. Can you please help me with this situation ?
Do you only handle lease extensions in South Cave? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a lawyers.
How much will I need to spend and what is the best way to start the lease extension process? I have around sixety seven years left on my lease on a maisonette in South Cave. I have called the managing agents who represent the landlord and they provided me with the number for the surveyor. I have contacted the surveyor but I am not receiving any returned calls.
I am considering bidding for an auction property and identified a studio flat in South Cave. It only has a 41 year lease..the seller being mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of getting a mortgage with Nationwide Building Society?
My partner and I have a leasehold flat in South Cave with sixety two years to run. Last year we were quoted a deal to have a lease extension for a further fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of about 16k. We have now decided to move forward but do we now have to renegotiate?
My conveyancers (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?
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
I am currently negotiating a lease extension for my flat in South Cave as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?