Little Ilford Lease Extension - Your Legal Fees Calculator
Little Ilford Lease Extensions: Q and A’s
I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the the process
I own a leasehold flat in the Little Ilford area and was wondering whether I could obtain a lease extension. What are your processes and fees. There are 55 years remaining
I want to purchase a leasehold property and extend the lease. The seller has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I need to talk to you about a leasehold property in Little Ilford, I am considering buying at auction next week. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
We wish to extend our lease having owned the property for two years as of 1st May 2016. It has nearly 79 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
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 commence the process, is this correct?
My solicitors (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?
We have been in discussion with our freeholder after having a valuation on our ground floor flat in Little Ilford. We have a 55 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
I own the freehold reversion of a property in Little Ilford and a leaseholder has requested a lease extension. Her valuer has given a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
I am currently negotiating a lease extension for my flat in Little Ilford 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?