Purley Lease Extension - Your Legal Fees Calculator
Common questions relating to Purley Lease Extensions
We agreed with the freeholder for a lease extension on our flat in Purley, 8.5k for another 90yrs. What's your legal fee ?
I am looking to purchase a 2 bed flat in Purley with a lease of 66 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I bought a studio flat in Purley. The lease commenced in 1998 for 99 years. Now I am looking to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Purley, and would like some figures on that.
Is it possible to talk with you about a leasehold property in Purley, I am thinking of buying at auction next week. The flat only has a few years outstanding and I was wondering about how much it would cost to get a lease extension and for your services.
I'm looking for a flat to purchase in Purley and I'm not really familiar with the leasehold concept. I've identified a one bed flat I like with a 87 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
I am looking to buy a one bed flat in Purley for asking price of 125k, which has fivety five 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 the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
Coming up to two years that I have owned my two bedroom first floor purpose built flat in Purley. I have 64 years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
I own the freehold reversion of a property in Purley where the leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
We are worried about seeking a lease extension from tricky freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £250 doubling every twenty years of the new term. Can you help?