Oldland Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Oldland Lease Extensions
My name´s Oscar. I’m property hunting in Oldland I'm seeing a one bedroom apartment online, with circa sixety three years unexpired lease, how much will it likely cost to extend in this area by, say, fifty years?
I’m about to offer on a 2 bed flat to buy in the Oldland area and was after more information on what the likely fees would be to extend a lease? It has 70 years remaining...
We acquired a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Oldland and are therefore thinking about the option of a vesting order. Is this something you can help us with?
I am concerned that my daughter is being hoodwinked. She submitted an offer on a studio flat in Oldland, where the lease is around fivety six years but she was advised by the selling agents that the current owner had extended it to 99 years. Only now has she been informed the seller was waiting for her to retain conveyancers ahead of instigating the lease extension. Seems unscrupulous, also it could take months to sort it all out. Am I reading too much into it?
I'm living at mum and dad but have a maisonette in Oldland let out which has a 67 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Oldland for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
I'm hoping for some advice with regard to extending the lease on my apartment. The intention is to do this next winter as we need to move 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. Can you recommend a good lawyers who specialises in lease extensions. Ideally nearby in Oldland?
My and my partner know that others in the same block previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation charges. Would you suggest this course of action?
I require an estimate to extend my mum’s lease on a garden flat in Oldland. She recently got a price from the freeholder for a lease extension but I am unclear whether it is too high.
I am currently negotiating a lease extension for my flat in Oldland 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?
Do you handle lease extensions on land? (a plot of land in Oldland with 82yrs remaining)