St James Lease Extension - Your Legal Fees Calculator
FAQs concerning St James Lease Extensions
I bought a studio flat in St James that I now cannot sell due to the lease requiring a lease extension. Are you willing to help me with this situation ?
My neighbours and I are in a block consisting of four flats in St James and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am the registered owner of a three bedroom second floor purpose built maisonette in St James. I am looking for a lease extension on the property. It is about eighty years. I would just like to know what your charges are and how long the process takes.
I am a first time buyer of a leasehold flat in St James. The lease has just 54 years remaining and ground rent is £75. Is it possible for the seller to serve the Section 42 Notice and then transfer over the right to me as the buyer once I complete the buying process 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 consuming to the current owner? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
What will I need to spend and what is the best way to start the lease extension process? I have nearon 79 years unexpired lease on my lease on a maisonette in St James. I have called the agent who act on behalf of the landlord and they sent me the number of the surveyor. I have contacted the surveyor but I am not receiving any calls back.
My lawyers (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?
Just a quick one, how much does it cost for a lease extension on a residential property in St James for a one bed flat - sec 42 is already in place?
We are hoping to purchase a home (a garden flat inSt James with share of freehold). Throughout our search, we were always looking at properties that had a minimum ninety years left. We came across a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. This morning our solicitors told us the lease only has seventy nine years and thus needs a lease extension. Should we walk away, or do we negotiate our offer?
Do you handle lease extensions on land? (a plot of land in St James with 82yrs remaining)
I have a lease of sixety four years remaining on my flat in St James. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?