Canary Wharf Lease Extension - Your Legal Fees Calculator
Canary Wharf Lease Extensions: Q and A’s
Hi. I need someone to review my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
I am looking to purchase a garden flat in Canary Wharf with a lease of fivety six years but unsure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
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?
We hope to sell our GFF in Canary Wharf but we may need to extend the lease, or possibly cover the costs of our buyers. Are you able to recommend someone to handle this?
We are the registered owners of a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Canary Wharf and are therefore considering the option of a vesting order. Is this something you can help us with?
I have my suspicions that my daughter might have had the wool pulled over her eyes. She put in an offer on a one bed flat in Canary Wharf, where the lease is slightly more seventy four years but she was told by the estate agents that the vendor had extended it to 125 years. She has now been advised the seller was holding off for her to appoint solicitors ahead of instigating the lease extension. Sounds devious, also it will take months to sort it all out. What do you think?
I am looking at buying an auction property and came upon a studio flat in Canary Wharf. It has just 48 year lease..the current owner as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and reduced chance of getting a mortgage with Nationwide Building Society?
We have a GFF located in Canary Wharf. There is 81 years remaining on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,twenty years
We have owned a leasehold flat for approximately twenty years. There are 63 years remaining on the lease. After a year of difficult negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
My wife and I are worried about seeking a lease extension from a difficult freeholder. Even though the legal procedures were adhered to under the appropriate legislation, the freeholder still tried to charge ground rent of £200 increasing by 100% every twenty years of the new term. Can you assist?