Balham Lease Extension - Your Legal Fees Calculator
Sample questions relating to Balham Lease Extensions
I own a leasehold flat in the Balham area and was wondering if I could obtain a lease extension. What are your processes and charges. Has 70 years remaining
I am looking at investing in a holiday home but it has a lease that expires in fifteen years. Its in Balham - I wanted to see if with your services this could be extended?
I am interested in getting a lease extension for a flat in Balham and want to use a local conveyancers. Are you able to help me find a property lawyers?
I am looking for a conveyancing practitioners in Balham and they should be on the Barclays Direct approved conveyancers panel as we need a lease extension and refinance simultaneously. Are you able to recommend any please ?
I am thinking about whether to purchase the freehold or a lease extension of my property in Balham and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Alliance & Leicester to release of equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1972 and since then the ground rent has increased from £38.00 per year to £125 per year.
Last year I purchased a leasehold apartment in Balham. I have built a big extension and have not informed the freeholder. What are my options?
We are looking to extend our lease having owned the flat for two years as of 1st Jan 2015. It has circa 63 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
Just been over 2 years that I have been in my one bedroom apartment in Balham. I have 62 yrs remaining on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
If somebody 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?
We have been in discussion with our freeholder after having a valuation on our one bedroom first floor purpose built maisonette in Balham. We have a 55 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.