Summertown Lease Extension - Your Legal Fees Calculator
Common questions relating to Summertown Lease Extensions
I am looking for a lease extension on the lease on my one bedroom apartment in Summertown which will have 75 years unexpired lease in November. What fees are applicable?
I own a maisonnette together with the freehold reversion. The owners of the upstairs flat have asked for a lease extension what do I need to do?
The intention is to sell our two bedroom second floor purpose built flat in Summertown but we may require a lease extension, or at least cover the costs of our purchaser. Can you suggest a lawyers to handle this?
How much will it cost me and what is the best way to get a lease extension started? I have just under 73 years unexpired lease on my lease on a studio flat in Summertown. I have emailed the managing agents who represent the head landlord and they provided me with the number of the valuer. I telephone the valuer but I am not receiving any calls back.
I am the owner of a purpose-built apartment based in a small development in Summertown. The leasehold interest in the apartment on a ninety five year lease which commenced on 2nd October 1970 with a fixed ground rent of £25 per annum. I wish to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
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?
My son has a share of freehold, with two other leaseholders in a building in Summertown. House divided into three apartments. He has a lease, which has roughly 77 years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
I know that others in the same block had already had a lease extension, and the freeholder was 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 fees. Would you recommend this course of action?
I have 58 years remaining on my lease of a ground floor flat in Summertown, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable