Longridge Lease Extension - Your Legal Fees Calculator
Longridge Lease Extensions Example Support Desk Enquiries
I have a lease of 75 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I am about to put an offer in on a studio flat in Longridge with a lease of seventy five years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
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'm deliberating over purchasing a ground floor flat (leasehold) but the freeholder has been absent for about 15yrs. My query is would it be less expensive to try to acquire the freehold or to get a lease extension and apply for RTM?
We are the registered owners of a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Longridge and are therefore thinking about the option of a vesting order. Is this something you can help us with?
I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a maisonette in Longridge, where the lease is about seventy nine years but she was told by the selling agents that the owner had extended it to 125 years. She has now been advised the current owner was waiting for her to retain conveyancers ahead of instigating the lease extension. Seems devious, also it will take a while to sort it all out. What do you think?
Just a quick question, how much does it cost for a lease extension on a residential property in Longridge for a one bed flat - section 42 having been issued?
I am the freeholder of a property in Longridge and a leaseholder would like a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this to £10,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
My son is aware that others in the same block had already had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
I am currently negotiating a lease extension for my flat in Longridge 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?