Epsom Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Epsom Lease Extensions
I have shares in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm wondering about the procedure for this
I am the owner of a maisonnette together with the freehold. The owners of the downstairs flat have asked for a lease extension what do I need to do?
I have contacted my freeholder for a lease extension for my flat in Epsom. His conveyancing practitioners has been in contact with fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started Septembmer 1985.
I need to talk to you about an apartment in Epsom, I am considering buying at auction in the next few days. The flat only has a few years outstanding and I am curious about how much it would cost to get a lease extension and for your services.
I'm looking for an apartment to purchase in Epsom and I'm not really familiar with the leasehold tenure. I've found a garden flat I like with a 87 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Nottingham Building Society?
My mortgage provider requires a £600 fee for their solicitors for a "deed of substituted security" for the lease extension for my flat in Epsom... I can find no reference of this in my mortgage booklet... is this a normal fee to pay?
We are looking to extend our lease having owned the flat for 2 years as of 21st Jan 2015. It has about seventy five years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
My brother and I have been in discussion with our freeholder after having a valuation on our studio flat in Epsom. We have a 71 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a solicitors to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
Me and my sister are are hoping to complete on a two bedroom first floor purpose built maisonette in Epsom which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our solicitors to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners 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 must hold on pending registration of the new lease?
We know that others in the same block had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on previous prices . This would save on double valuation fees. Is this advisable?