Lambeth Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Lambeth Lease Extensions
Me and my OH have just completed on a one bedroom apartment inLambeth and I'm considering extending the lease as soon as I can e.g. after a couple of years
I think our conveyancers has advised us incorrectly concerning a lease extension and I would like to find out how to go about making a formal complaint
I would like to have my residential flat leasehold extension premium valued. The flat is in Lambeth, and my lease will reach seventy two years this October. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
The terms for the lease on my flat in Lambeth are 99 years from 15 Feb 1988. Can you give me a quote to extend the lease if I give you more information please?
I am looking into the costs of carrying out a lease extension for my one bedroom second floor purpose built flat in Lambeth, and would like some figures on that.
I am thinking about whether to purchase the freehold or a lease extension of my property in Lambeth and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with The Royal Bank of Scotland to free up equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease began in 1991 and since then the ground rent has increased from £25.00 per annum to £125 per annum.
In 2012 I purchased a leasehold apartment in Lambeth. I have built a huge extension and have not informed the leaseholder. What should I do?
If somebody 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?
I am currently negotiating a lease extension for my flat in Lambeth 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?
I have a lease of seventy years remaining on my flat in Lambeth. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?