20,000 agreed with the freeholder, just attempting to find a Soho conveyancing practitioners for a lease extension. Our flat has around fivety seven yearsoutstanding. How long will this take ?
I acquired a property in Soho and it has circa 79 years unexpired. I'd like to extend the lease period
I am looking to purchase a one bedroom ground floor purpose built maisonette in Soho with a lease of seventy nine years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I am a FTB of a leasehold flat in Soho. The lease has just 76 years balance left and ground rent is £25. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the buyer on the day of completion so that I don't have to wait for the 2 year qualifying 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 homeowner? To add to the complexity the freeholder is absent, so I am not sure how does it work.
I an interested in finding out more about leasehold property buying. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Soho area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
I am planning to extend the lease on my maisonette in Soho I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in Soho. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the rear garden.
If a leaseholder owns a flat with a lease of under 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 note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my one bedroom first floor purpose built maisonette in Soho
I have 76 years remaining on my lease of a ground floor flat in Soho, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable