Questions and Answers: West Ewell Lease Extensions

  • I am considering investing in a holiday home but it has a lease that expires in 14 years. Its in West Ewell - I wanted to see if with your services it is possible for this to be extended?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in West Ewell, and my lease will reach 66 years this July. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I own a leasehold flat in West Ewell. I have built a huge extension and have not informed the freeholder. What should I do?
  • Me and my partner have owned a leasehold flat for around fifteen years. There are 71 years outstanding on the lease. Following a year of protracted negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome advice.
  • If somebody owns a flat with a lease of less than 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?
  • My brother and I have been in discussion with our freeholder after having a valuation on our three bedroom first floor purpose built maisonette in West Ewell. We have a 57 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she 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 the lease extension.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost including vat and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my studio flat in West Ewell
  • I am the freeholder of a property in West Ewell and a leaseholder would like a lease extension. Her so called valuation expert has given a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My surveyor has put forward a much higher amount. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • My and my partner know that others in the same building had already had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • I have 62 years remaining on my lease of a ground floor flat in West Ewell, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in West Ewell

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in West Ewell