Totnes Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Totnes Lease Extensions
My wife and I are looking for lease extension for our garden flat in Totnes and we are confused by the communication that we received from our freehold company. How long will it take?
I want to buy a leasehold property and extend the lease. The vendor 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 ?
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 77 years residual lease term.
My co-lessees and I are in a building made up four flats in Totnes and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
My mortgage provider requires a £450 fee for their conveyancers to approve the lease extension deed for my flat in Totnes... I can find no reference of this in my mortgage booklet... is this a standard charge?
Re a leasehold in Totnes. GFF maisonette. 72 yrs left. I have negotiated a lease extension price of £12,000 for 135yrs. Landlord also requested Section 42 Notice which I think is a bit over the top. Advice required.
It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost including vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my maisonette in Totnes
We currently own a one bedroom apartment in Totnes and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 77 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Totnes 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?
Do you handle lease extensions on land? (a plot of land in Totnes with 82yrs remaining)