South Ruislip Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to South Ruislip Lease Extensions
I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in South Ruislip - I wanted to see if with your services it is possible for this to be extended?
I am looking for a solicitors in South Ruislip and they need to be on the Chelsea Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
I have been in touch with my freeholder for a lease extension for my flat in South Ruislip. Her conveyancing practitioners has been in contact with charges etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started August 1984.
I am in need of a lease extension for my flat in South Ruislip and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I am looking to buy a one bed flat in South Ruislip for asking price of 145k, which has 78 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
My solicitors (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?
Coming up to two years that I have been in my maisonette in South Ruislip. I have sixety five yrs left on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
I own the freehold reversion of a property in South Ruislip and a leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My surveyor has put forward a much higher amount. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
I require an estimate to extend my aunt’s lease on a maisonette in South Ruislip. She already has a price from the freeholder for a lease extension but I am unclear whether it is too high.
I am currently negotiating a lease extension for my flat in South Ruislip as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?