Top Ten Questions relating to Netherley Lease Extensions

  • I have got a leasehold flat in the Netherley area and was curious if I could obtain a lease extension. What are your processes and fees. Has fivety six years residual lease term
  • Think I may have made an error, I am seeking a property lawyers in Netherley who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • I am a FTB of a leasehold flat in Netherley. The lease has only seventy three years remaining and ground rent is £75. Is it possible for the vendor to serve the Section 42 Notice and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the seller? Unfortunately it’s the case of an absent landlord, so I am not sure how does it work.
  • How much will I need to spend and what is the best way to get a lease extension started? I have around seventy two years outstanding on my lease on a garden flat in Netherley. I have contacted the managing agents who represent the head landlord and they provided me with the number for the valuer. I left a phone message for the valuer but I am not getting any calls back.
  • My OH and I are considering purchasing a one bedroom first floor purpose built maisonette in Netherley which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
  • I intend to buy a one bed flat in Netherley for asking price of 125k, which has fivety five years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the owner of a purpose-built apartment based in a small block in Netherley. The leasehold interest in the apartment on a ninety five year lease which commenced from 30th November 1972 with a fixed ground rent of £15 per annum. I wish to obtain a lease extension. Can I talk with someone to go through my options please?
  • If a leaseholder 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 doing it?
  • Do you handle lease extensions on land? (a plot of land in Netherley with 82yrs remaining)
  • We have a one bed flat in Netherley with a lease of 56 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?
  • Other Topics

    Lease Extensions in Netherley

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Netherley