Top Ten Questions relating to Drybrook Lease Extensions

  • 35k agreed with the landlord, just attempting to find a Drybrook solicitors for a lease extension. Our flat has around 62 yrsleft. How long will this take ?
  • I think our conveyancers has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint
  • Are you able to advise on the likely charges and the best way to start the lease extension process? I have about 56 years remaining and I own a one bedroom apartment in Drybrook.
  • I am looking to buy a one bed flat in Drybrook for asking price of 145k, which has 70 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 question is: If the freeholder 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?
  • My 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?
  • I am the freeholder of a Victorian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 59 years. What are my next steps?
  • I'm living at mother and father but have a ground floor flat in Drybrook let out which has a 76 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Drybrook for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • Just a quick one, how much does it cost for a lease extension on a residential property in Drybrook for a two bed flat - section 42 is already served?
  • I require an estimate to extend my mother’s lease on a garden flat in Drybrook. She already has a figure from the freeholder for a lease extension but I am unclear whether it is too high.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Drybrook
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    Lease Extensions in Drybrook

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