Upper Walthamstow Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Upper Walthamstow Lease Extensions
I’m just looking for a ground floor flat to buy in the Upper Walthamstow area and was interested in finding out what the likely fees would be for a lease extension? It has 58 years outstanding...
I need to extend my existing lease can you assist? I think it has 66 years residual lease term
We are the registered owners of a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Upper Walthamstow and looking to do a vesting order. Is this something you can do for us?
My mortgage lender is requesting a £600 fee for their conveyancers to agree a lease extension for my flat in Upper Walthamstow... I can find no mention of this in my mortgage literature... is this a usual charge?
Regarding a property in Upper Walthamstow. GFF maisonette. seventy two yrs remaining. I have negotiated a lease extension price of £14k for 135yrs. Landlord also insisted on Section 42 Notice which I think is a tad over the top. Advice required.
I an interested in finding out more about purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Upper Walthamstow area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
Coming up to 2 years that I have been in my studio flat in Upper Walthamstow. I have sixety five yrs unexpired lease on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
I own the freehold of a 2 bedroom flat in Upper Walthamstow. The leaseholders have seventy seven years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
My and my partner are worried about getting a lease extension from tricky landlord. Even though the legal procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £250 increasing by 100% every twenty five years of the new term. Can you help?
We know that others in the same block previously had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Would you recommend such a course of action?