Netherley Lease Extensions

Recently asked questions relating to Netherley Lease Extensions

35k agreed with the landlord’s agents, just trying to find a Netherley for a lease extension. Our flat has nearon 79 yearsleft. How long will this take ?

So this is the scenario: I bought a one bedroom apartment in Netherley that I now cannot sell due to the lease requiring a lease extension. What's your legal fee ?

My name´s Alex. I’m property hunting in Netherley I'm seeing a two bedroom second floor purpose built flat online, with slightly more 55 years outstanding, how much will it likely cost to get a lease extension by, say, 35 years?

Hello, I just randomly found this site. I'm seeking prices on what a lease extension will cost for a three bedroom first floor purpose built flat based in Netherley. It's on sale at the moment but has approximately 75 years left on the lease

I would like to have my residential flat leasehold extension premium valued. The flat is in Netherley, and my lease will reach 63 years this March. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?

I have a share of the freehold. There are four apartments in the block. All the leaseholders are now seeking lease extensions. What's your legal fee?

My (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?

Coming up to two years that I have been in my studio flat in Netherley. I have 63 yrs left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?

I am the freeholder of a property in Netherley where the leaseholder would like a lease extension. Her valuer has provided a figure of £8,000, but has upped this to £10,000 without too much effort. My surveyor has put forward a much higher amount. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?

I know that others in the same block had already had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal survey and base the initial offer on previous prices . This would save on double valuation fees. Would you suggest this course of action?

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