South Molton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to South Molton Lease Extensions
I am thinking about a lease extension for our leasehold house located in South Molton and we don't fully comprehend the letter that we got from our freehold company. How long will it take?
Me and my OH have just acquired a ground floor flat inSouth Molton and I'm thinking about extending the lease as soon as I can e.g. in a couple of years
I need to negotiate a lease extension for a flat in South Molton and want to use a local conveyancers. Is there a property lawyers that you can recommend?
I am considering buying an auction property and identified a studio flat in South Molton. It only has a 41 year lease..the vendor as mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Norwich and Peterborough Building Society?
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?
I am the freeholder of a Edwardian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy three years. What are my next steps?
Coming up to 2 years that I have owned my three bedroom first floor purpose built maisonette in South Molton. I have seventy eight years unexpired lease on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a South Molton based lawyers or any will do fine?
It says on your website the likely fee to extend a lease is £495. Is that the total cost excluding vat and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my three bedroom second floor purpose built maisonette in South Molton
My aunt is worried about getting a lease extension from a difficult freeholder. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £250 increasing by 100% every twenty years of the new lease. Can you assist?
We have a maisonette in South Molton with a lease of 77 years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?