St Ives Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to St Ives Lease Extensions
I own a leasehold flat in the St Ives area and was enquiring whether I could get a lease extension. What are your processes and charges. There are seventy eight years residual lease term
My co-lessees and I are in a block made up four flats in St Ives 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 leasehold flat in St Ives is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,25 years
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I commence the process, is this correct?
My husband has a share of freehold, with two other leaseholders in a building in St Ives. House converted into three flats. He has a lease, which has nearly 65 years left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
I'm living at mum and dad but have a garden flat in St Ives let out which has a 60 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 St Ives 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 19k. Should I keep or sell the flat?
My partner and I are purchasing a garden flat in St Ives which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The seller has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our conveyancers to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must wait pending registration of the new lease?
I am planning on remortgaging my maisonette in St Ives and the mortgage company that I am looking to switch to requires at least 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around fivety six years on the leasehold so require some advice, guidance, and some quotes to set the wheels in motion for a lease extension
I am currently negotiating a lease extension for my flat in St Ives 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 St Ives with 82yrs remaining)