Summertown Lease Extension - Your Legal Fees Calculator
Common questions relating to Summertown Lease Extensions
I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want a lease extension and I'm curious about the the process
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?
Possibly made an error, I am seeking a property lawyers in Summertown who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
We acquired a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Summertown and looking to do a vesting order. Is this something you can help us with?
I need to talk to you about a flat in Summertown, I am considering buying at auction in the next few days. The flat only has a few years unexpired lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
I'm looking for a flat to buy in Summertown and I'm not really familiar with the leasehold arrangement. I've identified a maisonette I like with a 82 years lease. My research reveals that I can go for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
I am a first time buyer of a leasehold flat in Summertown. The lease has only 65 years outstanding and ground rent is £50. Is it possible for the owner to serve the Notice of Claim and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting 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 may be possible but will it be very time costly to the current owner? To add to the complexity it’s the case of an missing freeholder, so I am not sure how this will play out.
I own the freehold of a one bedroom flat in Summertown. The leaseholders have 76 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
I am the freeholder of a property in Summertown and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £9,000, but has increased this to £10,000 without too much effort. My valuer has suggested a much higher premium. 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 armed with the valuations I have? If not, what costs would I be likely to incur?
We have a three bed flat in Summertown with a lease of seventy eight years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?