Dorridge Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Dorridge Lease Extensions
I own a flat in Dorridge with a leasehold unexpired circa sixety one years and need a lease extension. Please can you advise me of the next steps
I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has seventy five years unexpired
I plan on buying a flat in Dorridge. My offer is subject to the lease extension. The homeowner’s property lawyers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
I'm thinking of purchasing a two bedroom first floor purpose built maisonette (leasehold) but the landlord has been absent for approximately 15yrs. My question is would it be less expensive to try to purchase the reversionary title or to extend lease and apply for RTM?
We are in a building made up five flats in Dorridge and have been offered to buy the freehold for £5000 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?
I am a FTB of a leasehold flat in Dorridge. The lease has just fivety six years residual lease term and ground rent is £75. Is it possible for the flat owner to serve the Initial Notice and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year requisite 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 costly to the owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.
We would like to know the cost of a lease extension valuation for a property based in Dorridge. Would you be able to help?
I am the freeholder of a property in Dorridge where the leaseholder has requested a lease extension. Her valuer has given a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer has put forward a much higher figure. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
My wife and I are concerned about getting a lease extension from tricky landlord. Regardless of the fact that the correct procedures were adhered to under the appropriate legislation, the freeholder still attempted to get ground rent of £250 doubling every 25 years of the new lease. Can you assist?
I am currently negotiating a lease extension for my flat in Dorridge 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?