Kingsdown Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Kingsdown Lease Extensions
I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm wondering about the the process
I will soon view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 73 years remaining on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
I would like to know the likely expense and the optimum way to start the lease extension process? I have approximately 74 years remaining and I own a garden flat in Kingsdown.
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
I am looking to buy a one bed flat in Kingsdown for asking price of 145k, which has seventy two 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 question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
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?
Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Kingsdown for a one bed flat - sec 42 having been issued?
My colleague knows that others in the same building previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation charges. Would you suggest this course of action?
I require an estimate to extend my mother’s lease on a maisonette in Kingsdown. She already has a figure from the landlord for a lease extension but I am far from certain if it is reasonable.
Do you handle lease extensions on land? (a plot of land in Kingsdown with 82yrs remaining)