FAQs concerning Victoria Dock Lease Extensions

  • We agreed with the freeholder for a lease extension on our flat in Victoria Dock, 8.5k for another 90yrs. What's your legal fee ?
  • I am looking to purchase a 2 bed flat in Victoria Dock with a lease of 66 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I bought a studio flat in Victoria Dock. The lease commenced in 1998 for 99 years. Now I am looking to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Victoria Dock, and would like some figures on that.
  • Is it possible to talk with you about a leasehold property in Victoria Dock, I am thinking of buying at auction next week. The flat only has a few years outstanding and I was wondering about how much it would cost to get a lease extension and for your services.
  • I'm looking for a flat to purchase in Victoria Dock and I'm not really familiar with the leasehold concept. I've identified a one bed flat I like with a 87 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
  • I am looking to buy a one bed flat in Victoria Dock for asking price of 125k, which has fivety five years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • Coming up to two years that I have owned my two bedroom first floor purpose built flat in Victoria Dock. I have 64 years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. 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: Is there a benefit in getting a Victoria Dock based lawyers or any will do fine?
  • I own the freehold reversion of a property in Victoria Dock where the leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • We are worried about seeking a lease extension from tricky freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £250 doubling every twenty years of the new term. Can you help?
  • Other Topics

    Lease Extensions in Victoria Dock

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