Lease Extensions in Valley

Top Ten Questions relating to Valley Lease Extensions

I have got a leasehold flat in the Valley area and was enquiring if I could get a lease extension. What are your processes and fees. Has 79 years residual lease term

I want to purchase a leasehold property and extend the lease. The seller has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I have contacted my freeholder to extend my lease for my flat in Valley. Her has been in contact with costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started October 1985.

In 2010 I purchased a leasehold apartment in Valley. I have built a huge extension and have not informed the freeholder. What are my options?

My husband and I have a first floor flat in Valley with 69 years to run. Ten months ago we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from nominal to a little more..plus a premium I think of about 10k. We have now decided to go ahead but do we now have to start the negotiations again?

My wife and I have owned a leasehold flat for around twenty years. It now has fivety four years left on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.

Just a quick one, how much are the legal fees for a lease extension on a residential property in Valley for a one bed flat - section 42 having been issued?

We currently own a garden flat in Valley and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy four years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

I am currently negotiating a lease extension for my flat in Valley 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?

I have a lease of sixety one years remaining on my flat in Valley. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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