Sheldon Lease Extension - Your Legal Fees Calculator
Questions and Answers: Sheldon Lease Extensions
I own a one bedroom first floor purpose built flat in Sheldon with a leasehold unexpired of seventy seven years. I am enquiring about what I will need to spend to extend my lease term
I'm deliberating over purchasing a garden flat (leasehold) but the landlord has been absent for nearon 15yrs. I wonder whether it will be cheaper to try to acquire the freehold or to get a lease extension and apply for RTM?
My neighbours and I are in a block of five flats in Sheldon and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am looking into the costs of carrying out a lease extension for my garden flat in Sheldon, and would like some figures on that.
I acquired a three bedroom first floor purpose built flat in Sheldon. I am looking to extend lease on the property. It is around eighty years. I would just like to know what your charges are and how long it would take for completion.
I am looking to either purchase the freehold or a lease extension of my property in Sheldon and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with National Westminster Bank to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease started in 1981 and since then the ground rent has been raised from £15.00 per year to £125 per year.
My conveyancers (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 am worried about seeking a lease extension from an objectionable freeholder. Even though the correct procedures were adhered to under the appropriate legislation, the landlord still tried to charge ground rent of £300 doubling every 25 years of the new term. Can you help?
I am currently in the process of refinancing my studio flat in Sheldon and the bank that I am looking to move to requires at least 80 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around sixety five years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Sheldon