Benson Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Benson
The terms for the lease on my apartment in Benson are 101 years from 15 Feb 1980. Can you give me a quote for a lease extension if I give you more specifics please?
We invested in buying a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Benson and are therefore considering the option of a vesting order. Is this something you can do for us?
I am the owner of a purpose-built flat in a large development in Benson. The leasehold interest in the apartment on a 101 year lease which commenced from 2nd October 1970 with a non-reviewable yearly rent of 20. I wish to obtain a lease extension. Is it possible for me to talk with someone to go through my options please?
My solicitors (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 OH and I have owned a leasehold flat for about fifteen years. There are sixety seven years left on the lease. Following a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.
Coming up to 2 years that I have owned my maisonette in Benson. I have 66 years outstanding on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. 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 financing - do they add it to their existing mortgage or pay it out in cash?
I have a leasehold property in Benson with sixety eight years left on the lease. I am looking for a solicitors to act for me to achieve a lease extension. Can you assist?
My husband and I are in the throws of buying a home (a garden flat inBenson with share of freehold). Throughout our search, we were always looking at properties that had at least 84 years outstanding. We identified a place we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our conveyancers informed us the lease only has 79 years and thus requires 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?
We currently own a one bedroom apartment in Benson 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 62 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. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Benson as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?