Ladywell Lease Extension - Your Legal Fees Calculator
Sample questions relating to Ladywell Lease Extensions
I am the registered owner of a property in Ladywell and it has nearon fivety six years left. I'd like to extend the lease period
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Ladywell, and my lease will reach 65 years this March. 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 have a first floor flat in Ladywell with 76 years left. Last year we were quoted a deal to grant a lease extension for another fifty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 16k. We have now decided to proceed but do we now have to start the negotiations again?
My dad has a share of freehold, with two other leaseholders in a building in Ladywell. House divided into three flats. He has a lease, which has nearon 57 yrs outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
Coming up to two years that I have owned my studio flat in Ladywell. I have 69 yrs unexpired lease on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Ladywell based lawyers or any will do fine?
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?
We are buying a garden flat in Ladywell which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our lawyers to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must wait until the lease extension has actually been registered before completing.?
I have 60 years remaining on my lease of a ground floor flat in Ladywell, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Ladywell