Burslem Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Burslem Lease Extensions
I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Burslem - I wanted to see if with your services this could be extended?
Do you only undertake lease extensions in Burslem? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a conveyancing practitioners.
In 2010 I purchased a leasehold apartment in Burslem. I have built a huge extension and have not informed my leaseholder. What are my options?
We have owned a leasehold flat for approximately twenty years. It now has sixety six years remaining on the lease. Following a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
If somebody 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 extending the lease?
Hello I own the freehold title in a 2 bedroom flat in Burslem. The leaseholder has a fivety six year lease and would like to purchase another 125 years. She is offering me £18,000 but I am unsure if this is a correct amount
I am the freeholder of a property in Burslem where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer has put forward a much higher figure. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to face?
I'm hoping for some help with regard to a lease extension on my apartment. I'll be looking to do this in nine months time as we need to move 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 LVT route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
We currently own a one bedroom apartment in Burslem 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 fivety eight years left. Not sure what to do, have read some bits on the web saying it will be 20k 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 Burslem 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?