Wallingford Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Wallingford Lease Extensions
My wife and I are thinking about a lease extension for our ground floor flat based in Wallingford and we don't fully comprehend the communication that we got from our freehold company. What's your legal fee?
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety two years unexpired.
Do you only undertake lease extensions in Wallingford? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a conveyancing practitioners.
We acquired a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Wallingford and are therefore considering the option of a vesting order. Is this something you can do for us?
Is it possible to talk with you about a flat in Wallingford, I am thinking of buying at auction next month. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
We have a residential flat in Wallingford with 69 years left. Last year we were quoted a deal to have a lease extension for a further thirty years but also uplift the ground rent from nominal to £300 per year..plus a premium I think of about 10k. Finally we have decided to proceed but do we now have to start the negotiations again?
My 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 the freeholder of a property in Wallingford where the leaseholder would like a lease extension. Her valuer has suggested a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My surveyor has suggested a much higher figure. 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 equipped with the valuations I have? If not, what costs would I be likely to face?
I am currently in the process of refinancing my studio flat in Wallingford and the bank that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around 71 years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
I am currently negotiating a lease extension for my flat in Wallingford 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?