Walton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Walton Lease Extensions
I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 59 years residual lease term.
Hello. I need a solicitors to have a look at my lease extension ahead of it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
The terms for the lease on my apartment in Walton are 99 years from 10 Feb 1980. Can you supply me me a quote for a lease extension if I give you more information please?
I'm looking for a flat to purchase in Walton and I'm not really familiar with the leasehold arrangement. I've identified a maisonette I like with a 90 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
I an interested in finding out more about purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Walton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
We know that others in the same building previously had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?
I require an estimate to extend my aunt’s lease on a 2 bed flat in Walton. She already has a price from the landlord for a lease extension but I am not sure it is reasonable.
I am currently negotiating a lease extension for my flat in Walton 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?
We have a one bedroom apartment in Walton with a lease of 61 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?