Taunton Lease Extension - Your Legal Fees Calculator
Questions and Answers: Taunton Lease Extensions
I would like to have my residential flat leasehold extension premium valued. The flat is in Taunton, and my lease will reach seventy two years this Septembmer. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
Think I may have made an error, I am actually looking for a property lawyers in Taunton who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
The terms for the lease on my flat in Taunton are 99 years from 15 Feb 1988. Please provide me a quote for a lease extension if I give you more specifics please?
I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a studio flat in Taunton, where the lease is approximately sixety three years but she was advised by the estate agents that the flat owner had extended it to 125 years. Only now has she been advised the current owner was waiting for her to appoint lawyers ahead of instigating the lease extension. Seems odd to me, also it will take a while to sort it all out. What do you think?
Regarding a leasehold in Taunton. lower maisonette. sixety five yrs unexpired. I have an agreed lease extension to £20k for 135yrs. Freeholder also insisted on Section 42 Notice which I think is a bit over the top. Can you assist.
Coming up to two years that I have been in my one bedroom apartment in Taunton. I have sixety five yrs outstanding on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
My partner and I are in the throws of buying a home (a ground floor flat based inTaunton with share of freehold). Throughout our search, we were always looking at properties that had at least 84 years outstanding. We identified a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our conveyancing practitioners advised us the lease only has 76 years and thus needs a lease extension. Do we walk away, or should 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 currently negotiating a lease extension for my flat in Taunton 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 seventy nine years remaining on my flat in Taunton. 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?
I'm looking for some advice with regard to a lease extension on my one bed flat in Taunton. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good lawyers who specialises in lease extensions?