Kennington Lease Extension - Your Legal Fees Calculator
Common questions relating to Kennington Lease Extensions
I am looking for a lease extension on the lease on my one bedroom apartment in Kennington which will have 56 years left in November. What fees apply?
I have a lease of 65 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I have been in touch with my freeholder to extend my lease for my flat in Kennington. His lawyers has been in contact regarding charges etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started December 1986.
I am going to purchase a flat located in Kennington. The offer is conditional upon a lease extension. The homeowner’s conveyancers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
We have a ground floor flat in Kennington with seventy years remaining. Last year we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from nominal to £300 per annum..plus a premium I think of about 10k. We have now decided to go ahead but do we now have to start the negotiations again?
I am looking to buy a one bed flat in Kennington for asking price of 145k, which has sixety eight years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
My nephew has a share of freehold, with two other leaseholders in a building in Kennington. House divided into three flats. He has a lease, which has nearly 61 years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
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?
Me and my fiance have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Kennington. We have a 70 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he 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 property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
Do you handle lease extensions on land? (a plot of land in Kennington with 82yrs remaining)