We agreed with the landlord for a lease extension on our flat based in Wick, 10.5k for a further 90yrs. How long will it take ?
I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 75 years remaining
We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 928 years unexpired so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any advice would be much appreciated.
I have been in touch with my freeholder to extend my lease for my flat in Wick. Her has been in contact with charges 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 July 1992.
I acquired a one bedroom apartment in Wick. The lease commenced in 1992 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
I am looking to either purchase the freehold or a lease extension of my property in Wick and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Barnsley Building Society to release of equity. The adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £15.00 per year to £100 per annum.
My mortgage provider is requesting a £500 fee for their to approve the lease extension deed for my flat in Wick... I am unable to find any mention of this in my mortgage guide... is this a normal charge?
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 HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my studio flat in Wick
My and my husband know that others in the same building previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest this course of action?
I have a lease of 72 years remaining on my flat in Wick. 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?
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