Kingsdown Lease Extension - Your Legal Fees Calculator
Kingsdown Lease Extensions Example Support Desk Enquiries
I own a garden flat located in Kingsdown with a leasehold unexpired of 63 years. I am curious about what I will need to spend to extend my lease
I am the owner of a maisonnette and the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
I own a share of the freehold. There are five apartments in the building. All the leaseholders are now looking for lease extensions. Are you able to assist us with this situation?
We are looking to extend our lease. We will have been in the flat for 2 years as of 21st May 2016. It has around seventy years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as is reasonably achievable.
My conveyancers (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?
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 doing it?
It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost including vat and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my studio flat in Kingsdown
I'm looking for some help with regard to a lease extension on my apartment. The intention is to do this in six months time as we need to move 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. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
I know that others in the same building had already had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
I am currently negotiating a lease extension for my flat in Kingsdown 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?