Questions and Answers: Towcester Lease Extensions

  • We are looking for lease extension for our flat based in Towcester and we are confused by the letter that we received from our landlord company. What's your legal fee?
  • I agreed with the freeholder to a lease extension on our flat based in Towcester, 10k for a further 90yrs. What's your solicitors fee ?
  • I bought a garden flat based in Towcester with a leasehold unexpired of seventy nine years. I am wondering about what it will cost me to extend my lease term
  • I am looking to purchase a three bed flat in Towcester with a lease of 57 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.
  • We are in a block of four flats in Towcester and have been offered to buy the freehold for £5000 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 is requesting a £500 fee for their to approve the lease extension deed for my flat in Towcester... I am unable to find any mention of this in my mortgage literature... is this a normal charge?
  • I own the freehold of a one bedroom flat in Towcester. The leaseholders have 60 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Towcester. I occupy in the upper flat. I was reviewing the land registry documents yesterday when I noticed that my flat is leasehold. There is seventy four years outstanding. Can one do a lease extension without retaining a ?
  • I am currently negotiating a lease extension for my flat in Towcester 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'm looking for some advice with regard to a lease extension on my one bed flat in Towcester. 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 who specialises in lease extensions?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Towcester