Balsall Common Lease Extension - Your Legal Fees Calculator
FAQs concerning Balsall Common Lease Extensions
I am looking for a lease extension on the lease on my one bedroom first floor purpose built maisonette in Balsall Common which will have 56 years left in August. What fees are applicable?
I am the owner of a maisonnette and the freehold of both flats. My upstairs neighbours have asked for a lease extension what do I need to do?
We have a residential flat in Balsall Common with 58 years left. Last year we were quoted a deal to have a lease extension for a further fifty years but also increase ground rent from nominal to £200 per annum..plus a premium I think of approximately 9k. We have now decided to move forward but do we now have to start the negotiations again?
I intend to buy a one bed flat in Balsall Common for asking price of 145k, which has fivety seven years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
My brother has a share of freehold, with two other leaseholders in a building in Balsall Common. House divided into three apartments. He has a lease, which has about fivety eight yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
I'm living at mum and dad but have a ground floor flat in Balsall Common let out which has a seventy year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Balsall Common for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Balsall Common. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the rear garden.
We are acquiring a three bedroom second floor purpose built flat in Balsall Common which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our lawyers 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 lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
I own the freehold to two flats. Someone has the lease on the lower flat in Balsall Common. I reside in the upper flat. I was looking at the land registry documents yesterday when I noticed that my flat is leasehold. There is 58 years outstanding. Is it possible to carry out a lease extension without instructing a lawyers?
I own the freehold reversion of a property in Balsall Common where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this to £10,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?