Sutton Coldfield Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Sutton Coldfield Lease Extensions
My wife agreed with the head landlord to a lease extension on our flat in Sutton Coldfield, 10.5k for an extension by 90yrs. What's your solicitors fee ?
I acquired a property in Sutton Coldfield and it has roughly 65 years remaining. I'd like to arrange a lease extension by twenty years
I am looking for a lease extension on the lease on my 2 bed conversion flat in Sutton Coldfield which will have 67 years remaining in September. What fees are applicable?
I am looking to purchase a studio flat in Sutton Coldfield with a lease of sixety five years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
The terms for the lease on my flat in Sutton Coldfield are 99 years from 1 Sep 1980. Can you give me a quote for a lease extension if I give you more details please?
I am looking at buying an auction property and came upon a studio flat in Sutton Coldfield. It only has a fifty year lease..the vendor as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the huge fee to extend the lease and decreased chance of obtaining a mortgage with Norwich and Peterborough Building Society?
My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I'm living at mum and dad but have a two bedroom second floor purpose built maisonette in Sutton Coldfield let out which has a 77 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 Sutton Coldfield 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 13k. Not sure sure whether to hold on or sell the flat?
Coming up to 2 years that I have owned my one bed flat in Sutton Coldfield. I have 54 yrs outstanding on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Sutton Coldfield for a three bed flat - section 42 is already in place?