Southwell Lease Extension - Your Legal Fees Calculator
FAQs concerning Southwell Lease Extensions
So this is the scenario: I own a maisonette in Southwell that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?
My partner has a flat based in Southwell which we are about to put on the market. The leasehold has just under seventy eight years outstanding on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
I am about to put an offer in on a garden flat in Southwell with a lease of 69 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
We are in a building consisting of five flats in Southwell and have been offered to buy the freehold for £5000 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 flat in Southwell is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want a lease extension. How much will it likely cost to extend in this location by, say,twenty years
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 doing it?
I own the freehold reversion of a property in Southwell where the leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
My friend knows that others in the same building previously had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
I am currently in the process of remortgaging my one bed flat in Southwell and the mortgage company that I am looking to switch to requires a minimum 80 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around fivety four years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bed flat in Southwell