Ottershaw Lease Extension - Your Legal Fees Calculator
Ottershaw Lease Extensions Example Support Desk Enquiries
My OH and I are thinking about a lease extension for our leasehold house in Ottershaw and we are confused by the communication that we got from our freehold company. Can you please help us with this situation?
My name´s Kai. I’m house hunting in Ottershaw I'm seeing a maisonette online, with circa sixety nine years left, how much will it likely cost to get a lease extension by, say, 45 years?
I own a maisonnette and the freehold reversion. The owners of the downstairs flat have asked for a lease extension what do I need to do?
We are in a block containing five flats in Ottershaw 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?
I am deliberating whether to purchase the freehold or a lease extension of my property in Ottershaw and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Barnsley Building Society to release of equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has increased from £15.00 per annum to £200 per year.
I am a first time buyer of a leasehold flat in Ottershaw. The lease has just seventy years left and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then transfer over the right to me as the purchaser on the day of completion so that I don't have to wait for the two 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 achievable but will it be very time consuming to the seller? Unfortunately it’s the case of an absent freeholder, so I am not sure how this will play out.
I am looking to buy a one bed flat in Ottershaw for asking price of 125k, which has seventy three 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 question is: If landlord 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 own the freehold reversion of a property in Ottershaw where the leaseholder has requested a lease extension. Her valuer has suggested a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
My and my fiance know that others in the same block previously had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?
Do you handle lease extensions on land? (a plot of land in Ottershaw with 82yrs remaining)