Limehouse Lease Extension - Your Legal Fees Calculator
Questions and Answers: Limehouse Lease Extensions
My wife has a flat based in Limehouse which we are about to put on the market. The leasehold has circa fivety eight years balance left 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? Thank you.
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 64 years residual lease term.
We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years residual lease term so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any information would be much appreciated.
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?
Possibly made a mistake, I am seeking a solicitors in Limehouse who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
I am a FTB of a leasehold flat in Limehouse. The lease has just sixety six years residual lease term and ground rent is £25. Is it possible for the homeowner to serve the Notice of Claim and then transfer over the right to me as the buyer on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the owner? To add to the complexity the freeholder is absent, so I am not sure how this will play out.
Are you able to advise on how much it would financials and the optimum way to get a lease extension started? I have around seventy years unexpired lease and I own a three bedroom ground floor purpose built maisonette in Limehouse.
It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my 2 bed flat in Limehouse
We have a ground floor flat in Limehouse with a lease of 62 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
I have a lease of 77 years remaining on my flat in Limehouse. 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?