Harlesden Lease Extension - Your Legal Fees Calculator
FAQs concerning Harlesden Lease Extensions
I inherited a three bedroom ground floor purpose built maisonette in Harlesden that I am finding difficult to sell as a result of the lease requiring a lease extension. How long will it take ?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I acquired a studio flat in Harlesden. The start date for the lease was in 1992 for 99 years. Now I am looking for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
I am a freeholder of a block of flats in Harlesden, and the leaseholders are in the process of being given lease extensions. I should hopefully get funds next month. Are there any tax implications, the property is co-owned with my partner ?
My solicitors (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'm living at mother and father but have a studio flat in Harlesden let out which has a 72 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 Harlesden 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?
I own the freehold to two flats. Someone has the lease on the ground flat in Harlesden. I occupy in the upper flat. I was reviewing the land registry documents today when I noticed that my flat has a lease on it. There is sixety five years residual lease term. If I want a lease extension then would I just be paying for the solicitors charges?
We currently own a maisonette in Harlesden 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 73 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Harlesden 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?
I have a lease of 77 years remaining on my flat in Harlesden. 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?