Waterhouses Lease Extension - Your Legal Fees Calculator
Sample questions relating to Waterhouses Lease Extensions
I agreed with the head landlord to a lease extension on our flat in Waterhouses, 11k for another 90yrs. What's your legal fee ?
I’m about to offer on a a property to buy in the Waterhouses area and was curious what the likely fees would be to extend a lease? It has 64 years left...
Last year I purchased a leasehold flat in Waterhouses. I have built a huge extension and have not informed the freeholder. What should I do?
What will it cost me and what is the best way to start the lease extension process? I have around seventy one years outstanding on my lease on a maisonette in Waterhouses. I have called the managing agents who act on behalf of the landlord and they gave me the number for the valuer. I left a phone message for the surveyor but I am not getting any kind of answer.
My conveyancing practitioners (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'm living at parents but have a studio flat in Waterhouses let out which has a 74 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Waterhouses for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
My wife and I are concerned about getting a lease extension from a difficult landlord. Notwithstanding that the correct procedures were followed under the appropriate legislation, the freeholder still attempted to get ground rent of £300 doubling every twenty years of the new lease. Can you help?
I have 69 years remaining on my lease of a ground floor flat in Waterhouses, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
I am currently negotiating a lease extension for my flat in Waterhouses 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?
I have a lease of 75 years remaining on my flat in Waterhouses. 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?