Tonbridge Lease Extensions

Top Ten Questions relating to Tonbridge Lease Extensions

I have shares in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the the process

I am looking to extend the lease on my three bed apartment in Tonbridge which will have fivety eight years left in November. What fees are applicable?

I am looking for a in Tonbridge and they should be on the Leeds Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend any please ?

I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a studio flat in Tonbridge, where the lease is circa sixety three years but she was told by the estate agents that the seller had extended it to 125 years. Only now has she been advised the vendor was holding off for her to instruct solicitors prior to commencing with the lease extension. Sounds unscrupulous, also it may take months to sort it all out. What do you think?

My apartment in Tonbridge is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want to extend the lease. What will it likely cost to extend in this location by, say,45 years

Just been over two years that I have been in my garden flat in Tonbridge. I have 57 years unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Tonbridge based or any will do fine?

If a leaseholder owns a flat with a lease of under 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?

I own the freehold reversion of a property in Tonbridge and a leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My valuer has suggested a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?

I am planning on refinancing my ground floor flat in Tonbridge and the next lender that I am looking to switch to requires a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around 78 years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension

I have seventy four years remaining on my lease of a ground floor flat in Tonbridge, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Tonbridge