Stanley Lease Extension - Your Legal Fees Calculator
Common questions relating to Stanley Lease Extensions
I want to buy a leasehold property and extend the lease. The homeowner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
Is it possible to talk with you about a flat in Stanley, I am considering buying at auction next month. The flat only has a few years unexpired lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
How much will I need to spend and what is the best way to get a lease extension started? I have just over seventy two years outstanding on my lease on a two bedroom first floor purpose built maisonette in Stanley. I have called the agent who act on behalf of the landlord and they provided me with the number for the surveyor. I telephone the surveyor but I am not receiving any returned calls.
My mortgage provider requires a £500 fee for their lawyers for a "deed of substituted security" for the lease extension for my flat in Stanley... I can find no reference of this in my mortgage booklet... is this a normal cost that they charge?
We are looking to extend our lease having owned the flat for two years as of 11th March 2016. It has roughly sixety nine years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
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 set the ball rolling, is this correct?
I am looking for advice as I am interested in a property that has only a 67 year lease and therefore requires a lease extension. Can I call someone to go through my options please?
My father has a share of freehold, with two other leaseholders in a building in Stanley. House split into three apartments. He has a lease, which has approximately 75 years left. How much would it cost for a lease extension and how many years would he need to extend by?
My and my partner know that others in the same building had already had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you suggest such a course of action?
I am currently negotiating a lease extension for my flat in Stanley 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?