New Waltham Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to New Waltham Lease Extensions
We agreed with the head landlord to a lease extension on our flat based in New Waltham, 20.5k for a further 90yrs. Are you able to assist us with this situation ?
I have been in touch with my freeholder to extend my lease for my flat in New Waltham. Her conveyancers has been in contact regarding fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started July 1992.
The terms for the lease on my flat in New Waltham are 101 years from 10 Feb 1980. Please provide me a quote to extend the lease if I give you more specifics please?
I am considering whether to purchase the freehold or a lease extension of my property in New Waltham and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Nottingham Building Society to release of equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £15.00 per year to £125 per annum.
I am looking at bidding for an auction property and identified a one bed flat in New Waltham. It only has a 49 year lease..the seller as mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and decreased chance of getting a mortgage with National Westminster Bank?
I am hoping to extend the lease on my garden flat in New Waltham I am looking for help to verify the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
Just been over two years that I have owned my studio flat in New Waltham. I have 65 years unexpired lease on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
Just a quick one, how much is the premium payable for a lease extension on a residential property in New Waltham for a one bed flat - sec 42 is already in place?
I am the freeholder of a property in New Waltham and a leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has upped this by £2,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need 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 costs would I be likely to incur?
I'm looking for some advice with regard to a lease extension on my maisonette in New Waltham. 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?