Wedmore Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Wedmore Lease Extensions
I am looking for a lease extension on the lease on my three bed apartment in Wedmore which will have 77 years outstanding in June. What fees do you charge for this?
I have contacted my freeholder to extend my lease for my flat in Wedmore. Her conveyancers has been in contact regarding fees etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started December 1993.
My co-lessees and I are in a building consisting of four flats in Wedmore and have been offered to buy the freehold for 8k 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?
I am deliberating whether to purchase the freehold or a lease extension of my property in Wedmore and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with The Royal Bank of Scotland to release of equity. The broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has been raised from £38.00 per annum to £125 per annum.
My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I'm looking at acquiring an apartment in Wedmore at a price of £195,000 the flat has just under 79 years remaining on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, expecting I'd have completed by Christmas. They have just informed the agent that they are prepared to knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
I own the freehold to two flats. Someone has the lease on the ground flat in Wedmore. I live in the top flat. I was reviewing the title deeds last night when I noticed that my flat has a lease on it. There is 78 years balance left. Can one carry out a lease extension without retaining a conveyancers?
I own the freehold reversion of a property in Wedmore and a leaseholder would like a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this to £10,000 without too much effort. My valuer has suggested a much higher figure. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Wedmore
I have a lease of 60 years remaining on my flat in Wedmore. 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?