Shenfield Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Shenfield Lease Extensions
I purchased a flat in Shenfield with a leasehold unexpired circa 69 years and need a lease extension. Please can you clarify the next stages
Hello, I stumbled upon your website. I'm looking for prices on what it cost to extend a lease of a one bedroom apartment based in Shenfield. It's up for sale at the moment but has around fivety nine years of unexpired leasehold
I need to extend my current lease can you assist? I think it has 58 years balance left
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 bought a 2 bed flat in Shenfield. The start date for the lease was in 1997 for 99 years. Now I am wanting to extend the lease. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
We inherited a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Shenfield and are therefore deliberating the option of a vesting order. Is this something you can do for us?
I am a first time buyer of a leasehold flat in Shenfield. The lease has only 54 years remaining and ground rent is £25. Is it possible for the owner to serve the Notice of Claim and then transfer over the right to me as the purchaser on the day of completion so that I don't have to wait for the 2 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 is achievable but will it be very time costly to the owner? To add to the complexity the freeholder is absent, so I am not sure how this will play out.
My mortgage lender is requesting several hundred pounds for their solicitors for a "deed of substituted security" for the lease extension for my flat in Shenfield... I am unable to find any reference of this in my mortgage contract... is this a usual fee to pay?
If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
I am the freeholder of a property in Shenfield where the leaseholder would like a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this by £2,000 without too much effort. My surveyor has put forward a much higher premium. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?