Brighstone Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Brighstone Lease Extensions
We agreed with the landlord for a lease extension on our flat based in Brighstone, 13k for another 90yrs. Can you please help us with this situation ?
I have a lease of seventy five years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I am looking to purchase a garden flat in Brighstone with a lease of fivety seven years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I would like to have my residential flat leasehold extension premium valued. The flat is in Brighstone, and my lease will reach 59 years this October. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
I plan on buying a flat based in Brighstone. The offer is conditional upon a lease extension. The owner’s conveyancers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays . Moreover, which are the following lease extension steps to complete the purchase?
I am looking into the costs of carrying out a lease extension for my one bed flat in Brighstone, and would like some figures on that.
I intend to buy a one bed flat in Brighstone for asking price of 145k, which has fivety five 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 question is: If the freeholder 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?
I am planning to extend the lease on my ground floor flat in Brighstone I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
If a leaseholder owns a flat with a lease of less than 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?
My wife and I are aware that others in the same building had already had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Would you suggest such a course of action?