Woolton Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Woolton
I own a maisonnette together with the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
My neighbours and I are in a block containing four flats in Woolton and have been offered to buy the freehold for £6000 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 looking to either purchase the freehold or a lease extension of my property in Woolton and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Barclays to release of equity. My adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease commenced in 1981 and since then the ground rent has increased from £38.00 per year to £200 per year.
Last year I purchased a leasehold apartment in Woolton. I have built a large extension and have not informed the leaseholder. What should I do?
I'm looking for an apartment to buy in Woolton and I'm not really familiar with the leasehold tenure. I've found a one bed flat I like with a 90 years lease. My research reveals that I can go for a lease extension after a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
I am considering purchasing an auction property and came upon a studio flat in Woolton. It only has a 41 year lease..the seller being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and decreased chance of obtaining a mortgage with Bank of Scotland?
My nephew has a share of freehold, with two other leaseholders in a building in Woolton. House divided into three apartments. He has a lease, which has slightly less than 79 years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety five years. I need a conveyancers at my end. Can you advise please? I live near Woolton and have a mortgage with Bank of Scotland.
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
Are you able to provide an estimate to extend my aunt’s lease on a garden flat in Woolton. She already has a price from the landlord for a lease extension but I am not sure it is too expensive.