Banstead Lease Extension - Your Legal Fees Calculator
Sample questions relating to Banstead Lease Extensions
My partner has a flat based in Banstead which we have just put on the market. The leasehold has roughly 59 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
I have contacted my freeholder for a lease extension for my flat in Banstead. His property lawyers has been in contact regarding costs etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started February 1985.
The intention is to sell our GFF in Banstead but we may need to extend the lease, or possibly cover the expense of our buyers. Are you able to help me find someone to undertake the legal formalities?
We are in a building containing five flats in Banstead and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
My conveyancers (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?
My nephew has a share of freehold, with two other leaseholders in a building in Banstead. House converted into three apartments. He has a lease, which has around sixety two yrs left. 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 do not need a lease extension but I do require a vesting order on a property I want to acquire in Banstead. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the rear garden.
My partner and I are hoping to buy a property (a one bedroom apartment inBanstead with share of freehold). During our search, we were always looking at properties that had at least eighty five years balance left. We found a apartment we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. This morning our solicitors informed us the lease only has sixety two years and thus needs a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I am the freeholder of a property in Banstead and a leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has upped 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 LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to face?
I'm looking for some advice with regard to a lease extension on my three bed flat in Banstead. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?