Redhill Lease Extension - Your Legal Fees Calculator
Redhill Lease Extensions: Q and A’s
We are thinking about a lease extension for our apartment based in Redhill and we are confused by the letter that we got from our freehold company. Can you please assist us with this situation?
I’ve just bought a one bed conversion flat inRedhill and I'm deliberating extending the lease as soon as possible e.g. in 24 months of ownership
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?
I am going to purchase a flat located in Redhill. The offer is conditional upon a lease extension. The seller’s solicitors has given to the freeholder 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 Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
I inherited a garden flat in Redhill. I am looking to extend lease on the property. It is nearly eighty one years. I would just like to know what your charges are and how long it would take for completion.
Me and my wife would like to know the cost of a lease extension valuation for a property based in Redhill. Is this something you can help us with?
Coming up to two years that I have owned my studio flat in Redhill. I have 68 yrs outstanding on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Redhill based solicitors or any will do fine?
My OH and I are acquiring a studio flat in Redhill which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The seller’s lawyer 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 conveyancing process is for our conveyancers to do a pre-completion search on the property title. The concern here is that as a lease extension has been submitted we've been told by our solicitors 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 wait pending registration of the new lease?
I am the freeholder of a property in Redhill where the leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has upped this to £10,000 without too much effort. My surveyor 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 handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
I'm hoping for some assistance concerning a lease extension on my maisonette. The intention is to do this in nine months time as we need to move 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 LVT route. You are able to recommend a good conveyancing practitioners with expertise in lease extensions. Ideally nearby in Redhill?