Potswood Lease Extensions: Q and A’s

  • I would like to have my residential flat leasehold extension premium valued. The flat is in Potswood, and my lease will reach sixety eight years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I have been in touch with my freeholder to extend my lease for my flat in Potswood. His solicitors has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started December 1986.
  • We hope to sell our one bedroom first floor purpose built flat in Potswood but we may need to extend the lease, or possibly cover the expense of our buyers. Can you recommend a lawyers to undertake the legal formalities?
  • We have a residential flat in Potswood with 55 years to run. Ten months ago we were quoted a deal to grant a lease extension for another 25 years but also increase ground rent from nominal to £300 per annum..plus a premium I think of approximately 16k. We have now decided to go ahead but do we now have to renegotiate?
  • We have a one bedroom flat based in Potswood. There is 80 years remaining on the lease and we want to extend the lease. What does it cost on average to extend in this area by, say,twenty years
  • I am hoping to extend the lease on my ground floor flat in Potswood I am looking for a local company to calculate the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • We would like to know the cost of a lease extension valuation for a property based in Potswood. Is this something you can assist us with?
  • My partner and I are hoping to purchase a flat (a ground floor flat located inPotswood with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years outstanding. We came across a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. This morning our property lawyers informed us the lease only has 57 years and therefore needs a lease extension. Should we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I have 70 years remaining on my lease of a ground floor flat in Potswood, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I'm looking for some advice with regard to a lease extension on my studio flat in Potswood. I'll be looking to do this sometime next year as we need to move at some point 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • Other Topics

    Lease Extensions in Potswood

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Potswood