Handforth Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Handforth Lease Extensions
I am interested in getting a lease extension for a flat in Handforth and want to use a local conveyancing practitioners. Is there a conveyancing practitioners that you can recommend?
I bought a studio flat in Handforth with a leasehold unexpired of 75 years. I am enquiring about how much it will cost me to extend my leasehold
I am considering whether to purchase the freehold or a lease extension of my property in Handforth and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with National Westminster Bank to release of equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease began in 1981 and since then the ground rent has increased from £15.00 per year to £300 per year.
I am a FTB of a leasehold flat in Handforth. The lease has just 74 years balance left and ground rent is £50. Is it possible for the flat owner to serve the Notice of Claim and then assign over the right to me as the purchaser on the day of completion so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the owner? To add to the complexity the landlord is absent, so I am not sure how this will play out.
If a leaseholder owns a flat with a lease of under 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 extending the lease?
I own the freehold of a three bedroom flat in Handforth. The leaseholders have sixety three years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
I am the freeholder of a property in Handforth and a leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to face?
My nephew is aware that others in the same building had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
We currently own a maisonette in Handforth and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety six years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
I'm looking for some advice with regard to a lease extension on my ground floor flat in Handforth. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good solicitors who specialises in lease extensions?