Calverton Lease Extensions

Calverton Lease Extensions: Q and A’s

My name´s Michael. I’m house hunting in Calverton I'm seeing a garden flat online, with circa 68 years outstanding, how much does it cost on average to extend in this area by, say, 45 years?

I think our has advised us incorrectly concerning a lease extension and I would like to find out how to go about making a formal complaint

We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Calverton and are therefore considering the option of a vesting order. Is this something you can help us with?

How much will it cost me and what is the best way to get a lease extension started? I have around sixety seven years unexpired lease on my lease on a maisonette in Calverton. I have emailed the managing agents who represent the head landlord and they sent me the number of the valuer. I have contacted the valuer but I am not receiving any returned calls.

My husband and I have a one bedroom flat based in Calverton. There is eighty years to run on the lease and we want a lease extension. How much does it cost on average to get a lease extension by, say,35 years

My (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?

If a leaseholder 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 doing it?

I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my one bedroom first floor purpose built flat in Calverton

My fiance and I are in the throws of buying a home (a one bedroom apartment based inCalverton with share of freehold). Throughout our search, we were always looking at flats that had at least 84 years remaining. We identified a place we fell in love with and the selling agent assured that the lease term was not an issue. This morning our advised us the lease only has 64 years and therefore 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?

I am planning on refinancing my one bed flat in Calverton and the bank that I am looking to switch to requires a minimum 85 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around 75 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Calverton