Southwark Lease Extension - Your Legal Fees Calculator
Common questions relating to Southwark Lease Extensions
My wife and I have just bought a garden flat based inSouthwark and I'm thinking about extending the lease as soon as I can e.g. after 24 months of ownership
I have got a leasehold flat in the Southwark area and was wondering whether I could obtain a lease extension. What are your processes and fees. There are 76 years balance left
I need to negotiate a lease extension for a flat in Southwark and want to use a local conveyancers. Is there a lawyers that you can recommend?
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has seventy four years outstanding.
I own a studio flat based in Southwark with a leasehold unexpired of fivety six years. I am enquiring about what I will need to spend to extend my lease
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?
My partner and I have a residential flat in Southwark with seventy two years left. Ten months ago we were quoted a deal to grant a lease extension for a further thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 16k. Finally we have decided to move forward but do we now have to start the negotiations again?
I intend to buy a one bed flat in Southwark for asking price of 156k, 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 difficult is the process of going down the route of Leasehold Valuation Tribunal?
Even though I may not need a lease extension but I do need a vesting order on a property I want to purchase in Southwark. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
We know that others in the same block previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?