Little Oakley Lease Extension - Your Legal Fees Calculator
Common questions relating to Little Oakley Lease Extensions
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 acquired a ground floor flat in Little Oakley. I am looking to extend lease on the property. It is nearing eighty years. I would just like to know what your charges are and how long the process takes.
My apartment in Little Oakley is up for sale and I have a hopefully firm offer. There is eighty one years remaining on the lease and I want to extend the lease. How much does it cost on average to extend in this location by, say,fifty years
I own a share of the freehold. There are four apartments in the building. All the leaseholders are now requiring lease extensions. Are you able to help us with this situation?
I intend to buy a one bed flat in Little Oakley for asking price of 145k, which has fivety six years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
My brother has a share of freehold, with two other leaseholders in a building in Little Oakley. House divided into three apartments. He has a lease, which has around 72 yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
I am the freeholder of a Victorian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 58 years. What are my next steps?
I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Little Oakley. I would be grateful if you can give me a call when you get a chance to discuss the case.
Me and my husband are purchasing a maisonette in Little Oakley which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our lawyers to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to be patient until the new lease is registered?
I am currently negotiating a lease extension for my flat in Little Oakley 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?