Watton Lease Extension - Your Legal Fees Calculator
FAQs concerning Watton Lease Extensions
I own a maisonnette and the freehold. My downstairs neighbours have asked to extend the lease what do I need to do?
I purchased a three bedroom ground floor purpose built flat in Watton. The start date for the lease was in 1992 for 99 years. Now I am looking to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
I'm looking for an apartment to buy in Watton and I'm not really familiar with the leasehold tenure. I've identified a maisonette I like with a 82 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Is this a given?
I intend to buy a one bed flat in Watton for asking price of 156k, which has seventy five years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Watton. I would be grateful if you can give me a call when you get a chance to discuss the case.
I'm living with my parents but have a studio flat in Watton let out which has a seventy nine 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 Watton 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 21k. Should I keep or sell the flat?
We currently own a maisonette in Watton 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 seventy five years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do 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 Watton 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 was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Watton
Do you handle lease extensions on land? (a plot of land in Watton with 82yrs remaining)