Victoria Lease Extension - Your Legal Fees Calculator
Victoria Lease Extensions Example Support Desk Enquiries
My fiance and I have just bought a one bedroom apartment inVictoria and I'm thinking about a lease extension as soon as I can e.g. in 24 months of ownership
I have shares in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm curious 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 am looking to either purchase the freehold or a lease extension of my property in Victoria and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Santander to release of equity. The broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1991 and since then the ground rent has increased from £38.00 per year to £125 per year.
I am a FTB of a leasehold flat in Victoria. The lease has just 65 years outstanding and ground rent is £95. Is it possible for the flat owner to serve the Section 42 Notice and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the current owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
How much will I need to spend and what is the best way to get a lease extension started? I have approximately seventy two years remaining on my lease on a one bedroom apartment in Victoria. I have contacted the agent who represent the head landlord and they provided me with the number for the valuer. I left a phone message for the surveyor but I am not receiving any kind of reaction.
I am concerned that my daughter might be having the wool pulled over her eyes. She submitted an offer on a garden flat in Victoria, where the lease is nearon seventy eight years but she was informed by the selling agents that the current owner had extended it to 99 years. Only now has she been told the owner was holding off for her to appoint solicitors ahead of instigating the lease extension. Seems unscrupulous, also it will take a while to sort it all out. Am I being too sceptical?
I own a share of the freehold. There are three flats in the house. All the leaseholders are now looking for lease extensions. Are you willing to assist us with this situation?
My brother has a share of freehold, with two other leaseholders in a building in Victoria. House split into three flats. He has a lease, which has around 68 yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Victoria. 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. Can you recommend a good solicitors who specialises in lease extensions?