Halesowen Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Halesowen Lease Extensions
We agreed with the freeholder for a lease extension on our flat based in Halesowen, 19k for an additional 90yrs. How long is the process ?
I bought a property in Halesowen and it has around sixety four years balance left. I'd like to extend the lease period
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 60 years residual lease term.
I am a freeholder of a block of flats in Halesowen, and the lessees are in the process of being given lease extensions. I should hopefully get funds next week. As I am not on self assessment do I write to HMRC ?
I am looking for advice as I am interested in a property that has only a 65 year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?
I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Halesowen. I would be grateful if you can give me a call when you get a chance to discuss the case.
Just been over two years that I have owned my garden flat in Halesowen. I have seventy two years unexpired lease on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
I am the freeholder of a property in Halesowen and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
My wife and I are aware that others in the same building previously had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?
I am currently negotiating a lease extension for my flat in Halesowen 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?