Netherley Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Netherley Lease Extensions
I invested in buying a three bedroom first floor purpose built flat in Netherley. The lease started in 2001 for 99 years. Now I am wanting to extend the lease. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
What will it cost me and what is the best way to start the lease extension process? I have nearon seventy years left on my lease on a studio flat in Netherley. I have emailed the managing agents who represent the landlord and they provided me with the number of the surveyor. I have contacted the surveyor but I am not getting any kind of reaction.
I have my suspicions that my niece might have had the wool pulled over her eyes. She put in an offer on a maisonette in Netherley, where the lease is about 71 years but she was told by the estate agents that the vendor had extended it to 99 years. She has now been informed the homeowner was waiting for her to instruct lawyers before commencing with the lease extension. Sounds devious, also it may take months to sort it all out. Am I reading too much into it?
My mortgage lender is requesting several hundred pounds for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Netherley... I can find no mention of this in my mortgage guide... is this a standard fee to pay?
My property lawyers (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 am planning to extend the lease on my one bedroom apartment in Netherley I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
We are hoping to acquire a flat (a ground floor flat based inNetherley with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years unexpired. We found a flat we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. This morning our lawyers told us the lease only has sixety three years and thus needs a lease extension. Should we run away, or do we negotiate our offer?
My and my fiance know that others in the same block had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Netherley
I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Netherley. 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?