Wellington Lease Extension - Your Legal Fees Calculator
Questions and Answers: Wellington Lease Extensions
I want to purchase a leasehold property and extend the lease. The vendor has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I'm deliberating over buying a two bedroom second floor purpose built flat (leasehold) but the freeholder has been missing for nearly 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to extend lease and apply for RTM?
I inherited a garden flat in Wellington. I am looking for a lease extension on the property. It is nearing 80 years. I would just like to know what your charges are and how long it would take for completion.
I need to talk to you about an apartment in Wellington, I am considering bidding at auction next week. The flat only has a few years remaining and I am curious about what it would cost to get a lease extension and for your services.
I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a studio flat in Wellington, where the lease is nearon 59 years but she was informed by the selling agents that the flat owner had extended it to 99 years. Only now has she been informed the homeowner was holding off for her to appoint lawyers prior to commencing with the lease extension. Sounds unscrupulous, also it will take a while to sort it all out. Am I being too sceptical?
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?
I am hoping to extend the lease on my studio flat in Wellington I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
I am the freeholder of a Victorian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 62 years. What are my next steps?
I'm living with my mum and dad but have a garden flat in Wellington let out which has a 79 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 Wellington 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 19k. Should I keep or sell the flat?
I require an estimate to extend my aunt’s lease on a maisonette in Wellington. She already has a price from the landlord for a lease extension but I am not sure it is too expensive.