Preston Park Lease Extension - Your Legal Fees Calculator
Common questions relating to Preston Park Lease Extensions
My name´s Nathaniel. I’m property hunting in Preston Park I'm seeing a studio flat online, with nearon seventy three years unexpired lease, how much will it likely cost to get a lease extension by, say, twenty years?
I think our conveyancing practitioners has advised us incorrectly concerning a lease extension and I would like to find out how to go about making a formal complaint
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 68 years balance left.
I own a maisonnette together with the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
I am going to purchase a flat based in Preston Park. My offer is conditional upon a lease extension. The homeowner’s property lawyers has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Accord Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
I am a first time buyer of a leasehold flat in Preston Park. The lease has just 74 years unexpired and ground rent is £50. Is it possible for the owner to serve the Section 42 Notice and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the current owner? To add to the complexity the landlord can not be found, so I am not sure how this will play out.
We would like to know the cost of a lease extension valuation for a property based in Preston Park. Is this something you can assist us with?
I'm living at mum and dad but have a garden flat in Preston Park let out which has a 74 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 Preston Park 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?
My and my fiance know that others in the same block had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
I'm looking for some advice with regard to a lease extension on my three bedroom first floor purpose built maisonette in Preston Park. 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?