Old Stratford Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Old Stratford Lease Extensions
I want to purchase a leasehold property and extend the lease. The seller has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has fivety five years residual lease term.
The terms for the lease on my apartment in Old Stratford are 99 years from 1 Sep 1980. Please provide me a quote to extend the lease if I give you more specifics please?
I am a first time buyer of a leasehold flat in Old Stratford. The lease has just 59 years outstanding and ground rent is £95. Is it possible for the current owner to serve the Section 42 Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the flat owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how does it work.
I am looking to buy a one bed flat in Old Stratford for asking price of 125k, which has sixety eight years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
I an interested in finding out more about leasehold property buying. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Old Stratford area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
I am the freeholder of a property in Old Stratford where the leaseholder would like a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor 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 tribunal, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to incur?
We are concerned about seeking a lease extension from a difficult landlord. Notwithstanding that the correct procedures were followed under the appropriate legislation, the freeholder still attempted to get ground rent of £200 increasing by 100% every 25 years of the new term. Can you assist?
I have sixety six years remaining on my lease of a ground floor flat in Old Stratford, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
We have a ground floor flat in Old Stratford with a lease of seventy one years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?