Long Stratton Lease Extension - Your Legal Fees Calculator
Common questions relating to Long Stratton Lease Extensions
I own a maisonnette together with the freehold reversion. The owners of the upstairs flat have asked to extend the lease what do I need to do?
I inherited a garden flat in Long Stratton. The start date for the lease was in 1992 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
I am looking to either purchase the freehold or a lease extension of my property in Long Stratton and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Birmingham Midshires to release of equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease started in 1979 and since then the ground rent has increased from £15.00 per year to £100 per annum.
I will soon view a one bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy nine years left on the lease. It is also a repo so I'm assuming that the lender will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
I wondered if you could help me on the likely charges and the optimum way to get a lease extension started? I have nearly seventy nine years outstanding and I own a one bed flat in Long Stratton.
I intend to buy a one bed flat in Long Stratton for asking price of 145k, which has sixety two years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
My nephew has a share of freehold, with two other leaseholders in a building in Long Stratton. House converted into three apartments. He has a lease, which has just over sixety nine yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my maisonette in Long Stratton
I'm looking at acquiring a flat in Long Stratton valued at £210,000 the flat has something like 68 years left on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in September, hoping I'd have moved in before Christmas. They have just informed me that they are prepared to knock £4k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
I am the freeholder of a property in Long Stratton where the leaseholder would like a lease extension. Her valuer has provided a figure of £9,000, but has upped this by £2,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to incur?