Alcester Lease Extension - Your Legal Fees Calculator
Questions and Answers: Alcester Lease Extensions
I own a leasehold flat in the Alcester area and was wondering if I could obtain a lease extension. What are your processes and charges. Has sixety four 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 am the owner of a maisonnette and the freehold of both flats. The owners of the upstairs flat have asked for a lease extension what do I need to do?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Alcester, and my lease will reach 69 years this November. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
I am looking to either purchase the freehold or a lease extension of my property in Alcester and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Clydesdale to release of equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1979 and since then the ground rent has increased from £15.00 per year to £200 per annum.
I'm looking for a flat to buy in Alcester and I'm not really familiar with the leasehold arrangement. I've identified a place I like with a 87 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Clydesdale?
I own a purpose-built apartment located in a large block in Alcester. The leasehold interest in the flat on a 99 year lease which commenced from 21st January 1980 with a non-reviewable ground rent of £25 per annum. I wish to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?
My conveyancing practitioners (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 have sixety three years remaining on my lease of a ground floor flat in Alcester, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
I have a lease of 54 years remaining on my flat in Alcester. 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?