Calstock Lease Extension - Your Legal Fees Calculator
Calstock Lease Extensions: Q and A’s
My name´s Freddie. I’m house hunting in Calstock I'm deliberating offering on a ground floor flat online, with circa 59 years unexpired lease, how much will it likely cost to get a lease extension by, say, thirty years?
I have got a leasehold flat in the Calstock area and was enquiring whether I could get a lease extension. What are your processes and fees. There are seventy three years balance left
I want to buy a leasehold property and lease extension. The current owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
My dad has a share of freehold, with two other leaseholders in a building in Calstock. House divided into three flats. He has a lease, which has around 72 yrs remaining. 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 am the freeholder of a Victorian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety four years. What are my next steps?
I'm looking at buying an apartment in Calstock valued at £256,000 the flat has something like sixety eight years left on the lease. I put in an offer subject to the lease being renewed... .. that was back in June, hoping I'd have moved in by now. They have just come back saying they are willing to knock £4k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
I am the freeholder of a property in Calstock and a leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My valuer has recommended a much higher amount. 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 deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
We know that others in the same block had already had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest such a course of action?
I am currently negotiating a lease extension for my flat in Calstock 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?
Do you handle lease extensions on land? (a plot of land in Calstock with 82yrs remaining)