Almondsbury Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Almondsbury Lease Extensions
I invested in buying a flat in Almondsbury with a leasehold unexpired circa seventy four years and need a lease extension. Please can you advise me of the next steps
I think our lawyers has advised us incorrectly concerning a lease extension and I want to know how to go about making a formal complaint
I would like to have my residential flat leasehold extension premium assessed. The flat is in Almondsbury, and my lease will reach 62 years this April. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
My mortgage lender is requesting several hundred pounds for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Almondsbury... I can find no reference of this in my mortgage guide... is this a normal charge?
I am considering bidding for an auction property and found a studio flat in Almondsbury. It has just 48 year lease..the current owner as mortgagees in possession will not want to mess around with applying for a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and reduced chance of getting a mortgage with Coventry Building Society?
My property lawyers (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?
If a leaseholder owns a flat with a lease of less than 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 extending the lease?
We are purchasing a three bedroom second floor purpose built flat in Almondsbury which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our conveyancing practitioners to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must hold on until the new lease is registered?
I own the freehold reversion of a property in Almondsbury where the leaseholder would like a lease extension. Her valuer has provided a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
We currently own a studio flat in Almondsbury and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 76 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?