Wandsworth Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Wandsworth
My partner has a flat in Wandsworth which we are about to put on the market. The leasehold has about 63 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
I am the owner of a maisonnette and the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
The intention is to sell our GFF in Wandsworth but we may need a lease extension, or possibly cover the costs of our purchaser. Are you able to recommend someone to help us?
My conveyancers (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?
Coming up to 2 years that I have owned my garden flat in Wandsworth. I have sixety two years remaining on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
If a leaseholder owns a flat with a lease of under 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 extending the lease?
We have been in discussion with our freeholder after having a valuation on our three bedroom first floor purpose built flat in Wandsworth. We have a 68 year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
I am currently in the process of remortgaging my 2 bed flat in Wandsworth and the bank that I am looking to move to needs at least 80 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around fivety five years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
Do you handle lease extensions on land? (a plot of land in Wandsworth with 82yrs remaining)
I have a lease of 54 years remaining on my flat in Wandsworth. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?