Virginia Water Lease Extension - Your Legal Fees Calculator
FAQs concerning Virginia Water Lease Extensions
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 69 years balance left.
We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any advice would be much appreciated.
We are considering buying a garden flat in Virginia Water which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
I am in need of a lease extension for my flat in Virginia Water and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My property lawyers (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?
I am planning to extend the lease on my 2 bed flat in Virginia Water I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
I note that your website states the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my three bedroom first floor purpose built maisonette in Virginia Water
I'm seeking some help with regard to extending the lease on my flat. I'll be looking to do this in six months time as we have to move 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 LVT route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
My and my partner know that others in the same block had already had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you recommend this course of action?
I am planning on remortgaging my ground floor flat in Virginia Water and the new lender that I am looking to move to needs at least 80 years remaining on the lease in order for them to progress matters. I have found that I currently have around 65 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process