Staines Lease Extension - Your Legal Fees Calculator
Common questions relating to Staines Lease Extensions
My wife has a flat based in Staines which we are about to put on the market. The leasehold has around 72 years left on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Thank you.
I need to extend my existing lease can you help me with that? I think it has 68 years outstanding
Hi. I need someone to have a look at my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few small changes.
I'm looking for a flat to buy in Staines and I'm not really familiar with the leasehold concept. I've found a one bedroom ground floor purpose built flat I like with a 87 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
My mortgage lender requires several hundred pounds for their solicitors for a "deed of substituted security" for the lease extension for my flat in Staines... I can find no reference of this in my mortgage literature... is this a usual fee to pay?
Regarding a leasehold in Staines. upper maisonette. seventy eight yrs left. I have an agreed lease extension to £12,000 for 125yrs. Landlord also requested Initial Notice which I think is a bit over the top. Advice required.
Me and my OH are in the throws of buying a property (a studio flat based inStaines with share of freehold). Throughout our search, we were always looking at flats that had a minimum 83 years left on the lease. We identified a apartment we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Today our conveyancers informed us the lease only has 66 years and thus requires a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I am planning on refinancing my 2 bed flat in Staines and the bank that I am looking to move to needs at least 85 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around seventy seven years on the leasehold so require some help, 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 Staines 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?
I have a lease of 60 years remaining on my flat in Staines. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?