Thame Lease Extension - Your Legal Fees Calculator
FAQs concerning Thame Lease Extensions
We agreed with the freeholder to a lease extension on our flat based in Thame, 15k for an extension by 90yrs. Can you please guide us with this situation ?
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?
I am the owner of a maisonnette together with the freehold reversion. The owners of the upstairs flat have asked to extend the lease what do I need to do?
Possibly made an error, I am seeking a solicitors in Thame who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can assist me with?
My mortgage lender is requesting several hundred pounds for their solicitors for a "deed of substituted security" for the lease extension for my flat in Thame... I can find no mention of this in my mortgage booklet... is this a normal cost that they charge?
Me and my partner would like to know the cost of a lease extension valuation for a property based in Thame. Would you be able to help?
My brother and I have been in discussion with our freeholder after having a valuation on our one bedroom ground floor purpose built flat in Thame. We have a 60 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
I'm intent on purchasing an apartment in Thame valued at £195,000 the flat has something like seventy five years remaining on the lease. I put in an offer subject to a lease extension... .. that was back in November, expecting I'd have completed by Christmas. They have just informed me they are willing to reduce the price by£7k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
I am the freeholder of a property in Thame and a leaseholder would like a lease extension. Her valuer has suggested a figure of £8,000, but has upped this by £2,000 without too much effort. My valuer has recommended 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 deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
I am currently negotiating a lease extension for my flat in Thame as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?