West Croydon Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to West Croydon Lease Extensions
So this is the scenario: I invested in buying a 2 bed apartment in West Croydon that I am now unable to sell due to the lease needing a lease extension. What's your solicitors fee ?
I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in West Croydon - I wanted to see if with your services this could be extended?
We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 928 years remaining so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any advice would be much appreciated.
Think I may have made a mistake, I am searching for a conveyancers in West Croydon who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
I am looking into the costs of carrying out a lease extension for my ground floor flat in West Croydon, and would like some figures on that.
My brother and I had entered into buying a studio flat in West Croydon. I was advised that the lease had been extended (seventy years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The owner supposedly has a quote but no money to extend as a result the flat owner wishes to exchange and use the deposit monies for the lease extension. My question is how is possible that the estate agent got it so wrong?
I an interested in finding out more about leasehold property buying. We plan 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 West Croydon 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 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 doing it?
I am the freeholder of a property in West Croydon and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
We have a three bedroom second floor purpose built flat in West Croydon with a lease of seventy three years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?