Motspur Park Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Motspur Park Lease Extensions
I acquired a property in Motspur Park and it has about 72 years remaining. I'd like to extend the lease period
I'm planning on purchasing a studio flat (leasehold) but the landlord has been absent for about 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to get a lease extension and apply for right to manage?
Possibly made a mistake, I am seeking a property lawyers in Motspur Park who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
I am looking into the costs of carrying out a lease extension for my garden flat in Motspur Park, and would like some figures on that.
I wondered if you could help me on the likely cost and the best way to start the lease extension process? I have nearon 79 years outstanding and I own a one bedroom second floor purpose built maisonette in Motspur Park.
We are purchasing a one bedroom apartment in Motspur Park which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our property lawyers to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to be patient until the new lease is registered?
I know that others in the same block previously had a lease extension, and the landlord seemed amenable. 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. Would you suggest such a course of action?
I am currently negotiating a lease extension for my flat in Motspur Park 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?
Do you handle lease extensions on land? (a plot of land in Motspur Park with 82yrs remaining)
I have a lease of 64 years remaining on my flat in Motspur Park. 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?