Okehampton Lease Extension - Your Legal Fees Calculator
Common questions relating to Okehampton Lease Extensions
I think our solicitors has advised us incorrectly concerning a lease extension and I want to find out how to complain
My co-lessees and I are in a block containing three flats in Okehampton and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
We bought a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Okehampton and are therefore considering the option of a vesting order. Is this something you can handle for us?
Regarding a leasehold in Okehampton. GFF maisonette. 59 yrs unexpired. I have an agreed lease extension to £12,000 for 135yrs. Freeholder also insisted on Initial Notice which I think is a bit over the top. Advice required.
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?
We have owned a leasehold flat for about twenty years. There are 66 years outstanding on the lease. After a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.
I'm intent on purchasing an apartment in Okehampton valued at £256,000 the flat has something like 61 years left on the lease. My offer was conditional upon a lease extension... .. that was back in August, expecting I'd be in by now. They have just informed the agent that they are prepared to knock £3k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
Me and my fiance are in the throws of buying a home (a garden flat based inOkehampton with share of freehold). Throughout our search, we were always looking at properties that had a minimum eighty five years residual lease term. We came across a apartment we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our property lawyers advised us the lease only has sixety two years and therefore needs a lease extension. Do we walk away, or do we negotiate our offer?
I am currently negotiating a lease extension for my flat in Okehampton 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?
I have a lease of seventy five years remaining on my flat in Okehampton. 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?