Plumstead Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Plumstead Lease Extensions
I want to buy a leasehold property and extend the lease. The owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
In 2012 I purchased a leasehold apartment in Plumstead. I have built a big extension and have not informed my freeholder. What are my options?
I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a one bedroom apartment in Plumstead, where the lease is around 56 years but she was informed by the selling agents that the current owner had extended it to 99 years. She has now been told the vendor was holding off for her to retain conveyancers ahead of instigating the lease extension. Sounds unscrupulous, also it could take a while to sort it all out. What do you think?
I have a share of the freehold. There are five flats in the block. All the leaseholders are now seeking lease extensions. Are you able to assist us with this situation?
I'm living at mum and dad but have a garden flat in Plumstead let out which has a seventy seven 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 Plumstead 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 13k. Not sure sure whether to hold on or sell the flat?
Just been over 2 years that I have been in my garden flat in Plumstead. I have 67 yrs left on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
I do not need a lease extension but I do require a vesting order on a property I want to buy in Plumstead. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the garden area.
I note that your website states the likely fee to extend a lease is £495. Is that the total cost including value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Plumstead
My OH and I are purchasing a garden flat in Plumstead which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our conveyancing practitioners to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must hold on pending registration of the new lease?