Tunstall Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Tunstall Lease Extensions
My name´s Samuel. I’m property hunting in Tunstall I'm considering offering on a studio flat online, with circa 73 years remaining, how much will it likely cost to extend in this area by, say, 45 years?
I have shares in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring 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?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Tunstall, and my lease will reach sixety nine years this Septembmer. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
I invested in buying a three bed flat in Tunstall. The start date for the lease was in 2001 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
My leasehold flat in Tunstall is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want a lease extension. How much does it cost on average to extend in this area by, say,45 years
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?
My brother and I would like to know the cost of a lease extension valuation for a property based in Tunstall. Is this something you can assist us with?
It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Tunstall
I am currently negotiating a lease extension for my flat in Tunstall 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?