Warning, moar lease extension bollox:
I contacted the freeholders and they ask for £930 so they can run a valuation and then present terms.
This could end up with them trying to stiff me so I think the better option is to instruct solicitors from the outset. I'm aware of the whole process and the costs involved, however I'm unsure as to how to arrange the appropriate finance.
I know expenses for both sides will be around 2-3k, and I know the cost to extend will be 15-20k. I don't have the savings so I will be looking to add the costs to my mortgage. The main issue seems to be how much I ask for as I could be 5k+ out either way which I can't afford to be.
I won't know the exact costs until I've had the valuations from both sides, but that will cost 2k+.
Do I get a small shorter term bank loan for like 3k to pay for the costs, then once I know the rest add it to the mortgage? I'm worried that if I do this the mortgage company won't like the fact I've got the loan and give me a shit deal/no deal.