Claydon Lease Extension - Your Legal Fees Calculator
Claydon Lease Extensions: Q and A’s
My name´s Archie. I’m house hunting in Claydon I'm thinking about offering on a garden flat online, with circa 64 years left, how much does it cost on average to get a lease extension by, say, 25 years?
I want to purchase a leasehold property and lease extension. The homeowner has been there for four 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 ?
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety one years outstanding.
I am a FTB of a leasehold flat in Claydon. The lease has just fivety six years outstanding and ground rent is £95. Is it possible for the current owner to serve the Section 42 Notice and then assign over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the vendor? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
I am a landlord of a block of flats in Claydon, and the leaseholders are in the process of being given lease extensions. I anticipate receiving the money next week. How does the tax work, the property is in joint names with my husband ?
I own a share of the freehold. There are five apartments in the block. All the leaseholders are now requiring lease extensions. Are you willing to assist us with this situation?
Hello I am the freeholder title in a 2 bedroom flat in Claydon. The leaseholder has a 63 year lease and would like to purchase an additional 90 years. He is offering me £21,000 but I am unsure if this is a correct amount
My wife and I are aware that others in the same building had already had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Would you recommend this course of action?
I have 75 years remaining on my lease of a ground floor flat in Claydon, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
I am currently negotiating a lease extension for my flat in Claydon 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?