Waterloo Lease Extension - Your Legal Fees Calculator
Common questions relating to Waterloo Lease Extensions
I have just completed on a ground floor flat based inWaterloo and I'm deliberating a lease extension as soon as practicable e.g. in a couple of years
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has sixety seven years outstanding.
My co-lessees and I are in a block consisting of three flats in Waterloo and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am about to view a two bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy seven years unexpired on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
I am a FTB of a leasehold flat in Waterloo. The lease has just 72 years balance left and ground rent is £50. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the seller? Unfortunately the freeholder is absent, so I am not sure how this will play out.
We would like to know the cost of a lease extension valuation for a property based in Waterloo. Would you be able to help?
Hello I am the freeholder interest in a 3 bedroom flat in Waterloo. The leaseholder has a 54 year lease and would like to purchase further 125 years. She is offering me £18,000 but I am unsure if this is in the right ballpark
We are worried about obtaining a lease extension from an objectionable landlord. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the landlord still tried to charge ground rent of £300 doubling every 25 years of the new term. Can you assist?
I am currently negotiating a lease extension for my flat in Waterloo 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 wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Waterloo