Kingsland Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Kingsland Lease Extensions
I inherited a flat in Kingsland with a leasehold unexpired just over 66 years and need to extend it. Please can you advise me of the next steps
My partner has an apartment based in Kingsland which we are about to put on the market. The leasehold has roughly seventy three years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
I would like to have my residential flat leasehold extension premium assessed. The flat is in Kingsland, and my lease will reach 64 years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
We are in a block made up three flats in Kingsland and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Kingsland and looking to do a vesting order. Is this something you can help us with?
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 would like some guidance on leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Kingsland area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
Just been over two years that I have been in my garden flat in Kingsland. I have 55 years outstanding on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. 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 currently negotiating a lease extension for my flat in Kingsland 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?
Do you handle lease extensions on land? (a plot of land in Kingsland with 82yrs remaining)