Canvey Island Lease Extension - Your Legal Fees Calculator
Canvey Island Lease Extensions: Q and A’s
I have shares in the freehold of buildings comprising of six flats each. Two of the leaseholders want a lease extension and I'm enquiring about the the process
I have contacted my freeholder to extend my lease for my flat in Canvey Island. His property lawyers has been in contact concerning costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started January 1985.
My neighbours and I are in a block made up four flats in Canvey Island and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
How much will it cost me and what is the best way to get a lease extension started? I have approximately 71 years remaining on my lease on a three bed flat in Canvey Island. I have called the agent who act on behalf of the freeholder and they provided me with the number of the valuer. I telephone the surveyor but I am not receiving any returned calls.
Regarding a leasehold in Canvey Island. upper maisonette. sixety five yrs unexpired. I have an agreed lease extension to £12,000 for 135yrs. Freeholder also requested Initial Notice which I think should not be necessary. Can you assist.
Offer accepted on a a studio flat in Canvey Island, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 82 years.We are soon to exchange contracts in a couple of days. My query is why has this only just come to my attention by my conveyancing practitioners?
I am looking to buy a one bed flat in Canvey Island for asking price of 145k, which has 56 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 query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
If somebody 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 extending the lease?
I have a leasehold property in Canvey Island with 61 years left on the lease. I am looking for a conveyancing practitioners to help me achieve a lease extension. Can you assist?
I have a lease of 75 years remaining on my flat in Canvey Island. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?