Blackwood Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Blackwood
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Blackwood, and my lease will reach 57 years this December. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
We have a one bedroom flat based in Blackwood. There is 80 years to run on the lease and we want a lease extension. How much will it likely cost to get a lease extension by, say,45 years
I am looking to buy a one bed flat in Blackwood for asking price of 125k, which has sixety one years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Blackwood. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the rear garden.
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 extending the lease?
I own the freehold reversion of a property in Blackwood where the leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My surveyor has put forward a much higher premium. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
My wife and I are aware that others in the same block previously had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?
I have a lease of fivety nine years remaining on my flat in Blackwood. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
I'm looking for some advice with regard to a lease extension on my garden flat in Blackwood. 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?