Tewkesbury Lease Extension - Your Legal Fees Calculator
Common questions relating to Tewkesbury Lease Extensions
My wife has a flat located in Tewkesbury which we have just put on the market. The leasehold has around 76 years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
Me and my OH are considering buying a studio flat in Tewkesbury which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
We would like to extend our lease. We will have been in the place for 2 years as of 1st Jan 2015. It has slightly more than 55 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
Offer accepted on a a garden flat in Tewkesbury, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are soon to exchange contracts within a week. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
My dad has a share of freehold, with two other leaseholders in a building in Tewkesbury. House split into three flats. He has a lease, which has around 66 yrs remaining. 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 with my mother and father but have a ground floor flat in Tewkesbury let out which has a 71 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 Tewkesbury 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. Not sure sure whether to hold on or sell the flat?
If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
We have been in discussion with our freeholder after having a valuation on our ground floor flat in Tewkesbury. We have a fivety nine year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
I'm intent on buying an apartment in Tewkesbury valued at £195,000 the flat has approaching seventy six years left on the lease. I put in an offer conditional upon a lease extension... .. that was back in August, hoping I'd have completed by Christmas. The owner has just come back saying they'll reduce the price by£2k if I deal with the lease extension myself. I'm unsure whether that's a good idea
We have a studio flat in Tewkesbury with a lease of seventy four years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?