South Normanton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to South Normanton Lease Extensions
I inherited a property in South Normanton and it has roughly 61 years unexpired. I'd like to extend the lease period
I am looking to extend the lease on my one bedroom apartment in South Normanton which will have sixety four years unexpired lease in August. What fees apply?
I need to extend my current lease can you assist? I think it has 60 years unexpired
I want to buy a leasehold property and extend the lease. The homeowner has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
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?
I am considering whether to purchase the freehold or a lease extension of my property in South Normanton and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Skipton Building Society to release of equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease started in 1991 and since then the ground rent has increased from £25.00 per year to £100 per year.
Just a quick one, how much are the legal fees for a lease extension on a residential property in South Normanton for a three bed flat - section 42 is already served?
I am the registered freeholder to two flats. Someone has the lease on the ground flat in South Normanton. I live in the upper flat. I was looking at the land registry documents recently when I noticed that my flat is leasehold. There is 58 years unexpired. If I want a lease extension then would I just be paying for the solicitors fees?
I am currently negotiating a lease extension for my flat in South Normanton 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?
Do you handle lease extensions on land? (a plot of land in South Normanton with 82yrs remaining)