East Acton Lease Extension - Your Legal Fees Calculator
East Acton Lease Extensions: Q and A’s
My name´s Oliver. I’m house hunting in East Acton I'm seeing a garden flat online, with roughly seventy seven years remaining, how much does it cost on average to extend in this area by, say, thirty years?
I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been missing for about 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for right to manage?
We are in a block consisting of five flats in East Acton and have been offered to buy the freehold for 7k 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 purchased a studio flat in East Acton. I am looking for a lease extension on the property. It is about eighty one years. I would just like to know what your charges are and how long the process takes.
I am a freeholder of a block of flats in East Acton, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving funds next week. As I am not on self assessment do I get in touch with the tax authorities ?
My OH and I are considering buying a studio flat in East Acton which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
I intend to buy a one bed flat in East Acton for asking price of 125k, which has 62 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 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?
If a leaseholder owns a flat with a lease of less than 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 doing it?
My wife and I are buying a ground floor flat in East Acton which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our solicitors to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we have to be patient until the new lease is registered?
I have a lease of seventy three years remaining on my flat in East Acton. 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?