Tilehurst Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Tilehurst Lease Extensions
I agreed with the head landlord to a lease extension on our flat based in Tilehurst, 20.5k for another 90yrs. How long will it take ?
I need to extend my current lease can you assist? I think it has seventy six years balance left
I am a landlord of a block of flats in Tilehurst, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving the money next week. Are there any tax implications, the property is co-owned with my wife ?
My conveyancing practitioners (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?
I am looking to extend the lease on my three bedroom first floor purpose built maisonette in Tilehurst I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
I am the freeholder of a Georgian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety six years. What are my next steps?
I'm living at parents but have a one bedroom apartment in Tilehurst let out which has a 55 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Tilehurst for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
If a leaseholder 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 doing it?
Me and my OH have been in discussion with our freeholder after having a valuation on our two bedroom ground floor purpose built flat in Tilehurst. We have a 54 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she 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 lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
I'm looking for some advice with regard to a lease extension on my two bedroom second floor purpose built maisonette in Tilehurst. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?