Woburn Sands Lease Extension - Your Legal Fees Calculator
Questions and Answers: Woburn Sands Lease Extensions
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 70 years residual lease term.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I purchased a studio flat in Woburn Sands. The lease commenced in 1998 for 99 years. Now I am looking for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
Possibly made a mistake, I am actually looking for a property lawyers in Woburn Sands who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
I own a maisonette in Woburn Sands. I am looking to extend lease on the property. It is around 80 years. I would just like to know what your charges are and how long the process takes.
I have my suspicions that my niece might have had the wool pulled over her eyes. She submitted an offer on a three bedroom second floor purpose built maisonette in Woburn Sands, where the lease is roughly seventy one years but she was advised by the selling agents that the homeowner had extended it to 99 years. She has now been informed the vendor was waiting for her to retain lawyers before commencing with the lease extension. Sounds underhand, also it could take months to sort it all out. Am I being too sceptical?
We would like to extend our lease having owned the flat for two years as of 6th March 2015. It has circa 55 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
I intend to buy a one bed flat in Woburn Sands for asking price of 156k, which has seventy nine years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I'm living at mum and dad but have a garden flat in Woburn Sands let out which has a seventy three 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 Woburn Sands 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 13k. Not sure sure whether to hold on or sell the flat?
Are you able to provide an estimate to extend my mum’s lease on a one bedroom apartment in Woburn Sands. She already has a figure from the freeholder for a lease extension but I am far from certain if it is too high.