Marylebone Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Marylebone Lease Extensions
I am looking to extend the lease on my garden flat in Marylebone which will have sixety five years unexpired lease in August. What fees are applicable?
I am looking to buy a garden flat in Marylebone with a lease of seventy seven years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
Possibly made an error, I am searching for a property lawyers in Marylebone who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
I need to talk to you about a leasehold property in Marylebone, I am considering buying at auction next week. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.
Are you able to advise on how much it would cost and the best way to start the lease extension process? I have about 58 years remaining and I own a garden flat in Marylebone.
I am looking to buy a one bed flat in Marylebone for asking price of 145k, which has fivety four 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 question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
My conveyancers (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?
I would like some advice on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Marylebone area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
I'm living at mum and dad but have a maisonette in Marylebone let out which has a 70 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Marylebone for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?