Southam Lease Extensions

Top Ten Questions relating to Southam Lease Extensions

I am thinking about a lease extension for our two bed flat based in Southam and we are confused by the communication that we got from our freehold company. What's your legal fee?

I agreed with the freeholder to a lease extension on our flat located in Southam, 9k for an extension by 90yrs. What's your solicitors fee ?

I want to purchase a leasehold property and lease extension. The current owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 60 years outstanding.

I have a share of the freehold. There are four flats in the building. All the leaseholders are now looking for lease extensions. Are you willing to assist us with this situation?

I am looking to buy a one bed flat in Southam for asking price of 145k, which has 59 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 query 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 (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?

My wife and I are buying a one bedroom apartment in Southam which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to hold on until the lease extension has actually been registered before completing.?

Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Southam for a one bed flat - section 42 having been issued?

We currently own a three bed flat in Southam and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 79 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

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