FAQs concerning Seaforth Lease Extensions

  • I’m about to offer on a garden flat to purchase in the Seaforth area and was curious what the likely fees would be for a lease extension? It has 71 years residual lease term...
  • Hi, I just randomly found this website. I'm seeking prices on what it cost to extend a lease of a maisonette based in Seaforth. It's on the market at the moment but has around sixety three years left on the lease
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has seventy one years residual lease term.
  • I plan on buying a flat located in Seaforth. The offer is subject to the lease extension. The flat owner’s conveyancers 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
  • I am a landlord of a block of flats in Seaforth, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving funds next week. As I am not on self assessment do I contact the Inland Revenue ?
  • My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I own the freehold reversion of a property in Seaforth where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to face?
  • My wife and I are concerned about obtaining a lease extension from tricky freeholder. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the landlord still attempted to charge ground rent of £200 doubling every twenty five years of the new term. Can you assist?
  • I am currently in the process of remortgaging my studio flat in Seaforth and the new lender that I am looking to switch to requires a minimum 80 years on the leasehold of my property in order for them to progress matters. We currently have around 64 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • I have a lease of 56 years remaining on my flat in Seaforth. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Seaforth

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