Hockley Heath Lease Extension - Your Legal Fees Calculator
FAQs concerning Hockley Heath Lease Extensions
I acquired a ground floor flat in Hockley Heath that I now cannot sell due to the lease requiring a lease extension. Are you able to help me with this situation ?
I am fairly sure that our property lawyers has advised us incorrectly concerning a lease extension and I would like to find out how to complain
I'm planning on purchasing a maisonette (leasehold) but the landlord has been missing for roughly 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to extend lease and apply for RTM?
I am a FTB of a leasehold flat in Hockley Heath. The lease has only fivety five years balance left and ground rent is £50. Is it possible for the vendor to serve the Initial Notice and then assign over the right to me as the buyer on the day of completion so that I can avoid waiting 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 may be possible but will it be very time consuming to the homeowner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
My partner and I have a residential flat in Hockley Heath with 61 years unexpired. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from notional to £300 per annum..plus a premium I think of approximately 14k. Finally we have decided to move forward but do we now have to start the negotiations again?
Me and my fiance are considering purchasing a ground floor flat in Hockley Heath which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
Coming up to 2 years that I have been in my ground floor flat in Hockley Heath. I have 79 years unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
I am the freeholder of a property in Hockley Heath where the 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 tribunal, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to incur?
I am currently negotiating a lease extension for my flat in Hockley Heath 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?
We have a garden flat in Hockley Heath with a lease of sixety six years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?