Cottingham Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Cottingham Lease Extensions
My partner has a flat in Cottingham which we are about to put on the market. The leasehold has nearly 78 years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.
I am a landlord of a block of flats in Cottingham, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds next month. Are there any tax implications, the property is co-owned with my partner ?
My wife and I have a residential flat in Cottingham with 54 years left. Ten months ago we were quoted a deal to receive a lease extension for another 25 years but also increase ground rent from notional to a little more..plus a premium I think of about 10k. Finally we have decided to move forward but do we now have to renegotiate?
I own a share of the freehold. There are five flats in the house. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
We are considering purchasing a two bedroom first floor purpose built flat in Cottingham which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
My property lawyers (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?
My dad has a share of freehold, with two other leaseholders in a building in Cottingham. House converted into three apartments. He has a lease, which has around seventy nine years outstanding. 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?
Me and my sister would like to know the cost of a lease extension valuation for a property based in Cottingham. Would you be able to help?
I own the freehold reversion of a property in Cottingham where the leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has upped this to £10,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
Are you able to provide an estimate to extend my mum’s lease on a two bedroom second floor purpose built flat in Cottingham. She recently got a figure from the landlord for a lease extension but I am not sure it is reasonable.