Merton Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Merton Lease Extensions
My husband and I are seeking a lease extension for our apartment in Merton and we are confused by the communication that we got from our freehold company. What's your solicitors fee?
We are in a block consisting of five flats in Merton and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am looking into the costs of carrying out a lease extension for my one bedroom first floor purpose built flat in Merton, and would like some figures on that.
I am thinking about buying an auction property and found a studio flat in Merton. It has just 48 year lease..the current owner being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this except for the huge fee to put a new lease on it and reduced chance of getting a mortgage with HSBC Bank?
Hi I own the freehold title in a 3 bedroom flat in Merton. The leaseholder has a seventy five year lease and would like to purchase another 125 years. He is offering me £21,000 but I am unsure if this is a correct amount
Just a quick question, how much does it cost for a lease extension on a residential property in Merton for a three bed flat - sec 42 is already in place?
Me and my sister are hoping to purchase a flat (a one bedroom first floor purpose built maisonette located inMerton with share of freehold). During our search, we were always looking at flats that had at least eighty five years left. We found a flat we liked and the estate agent promised us that the lease term was not an issue. Today our property lawyers informed us the lease only has seventy years and thus needs a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
My and my partner are worried about obtaining a lease extension from an objectionable landlord. Notwithstanding that the correct procedures were followed under the 1993 Act, the freeholder still tried to charge ground rent of £300 doubling every 25 years of the new term. Can you assist?
We know that others in the same block had already had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?
I have a lease of 63 years remaining on my flat in Merton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?