Merriott Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Merriott Lease Extensions
My name´s Tommy. I’m flat hunting in Merriott I'm seeing a one bedroom apartment online, with slightly more seventy three years unexpired lease, how much does it cost on average to get a lease extension by, say, fifty years?
I’m just looking for a garden flat to buy in the Merriott area and was curious what the likely fees would be to extend a lease? It has 56 years outstanding...
I inherited a garden flat located in Merriott with a leasehold unexpired of sixety five years. I am wondering about how much I will need to spend to extend my lease term
I would like to have my residential flat leasehold extension premium assessed. The flat is in Merriott, and my lease will reach 66 years this Septembmer. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
I have contacted my freeholder for a lease extension for my flat in Merriott. Her lawyers has been in contact with fees etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started November 199.
I am deliberating whether to purchase the freehold or a lease extension of my property in Merriott and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Lloyds TSB Bank to free up equity. My adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease began in 1991 and since then the ground rent has been raised from £15.00 per annum to £125 per annum.
If somebody owns a flat with a lease of under 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 extending the lease?
My mum is concerned about obtaining a lease extension from a difficult freeholder. Even though the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £250 increasing by 100% every 25 years of the new term. Can you help?
We know that others in the same block previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on previous prices . This would save on double valuation fees. Would you suggest this course of action?
I'm looking for some advice with regard to a lease extension on my ground floor flat in Merriott. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good conveyancers who specialises in lease extensions?