West Ham Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in West Ham
Hi. I need a conveyancers to have a look at my lease extension before it's formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I wondered if you could help me on how much it would cost and the best way to start the lease extension process? I have circa seventy one years left and I own a maisonette in West Ham.
Regarding a residence in West Ham. upper maisonette. 61 yrs left. I have an agreed lease extension to £12,000 for 115yrs. Freeholder also insisted on Section 42 Notice which I think is a bit over the top. Advice required.
Offer accepted on a a garden flat in West Ham, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My query is Is it not odd that my conveyancing practitioners failed to pick this up far earlier than just before exchange?
I intend to buy a one bed flat in West Ham for asking price of 125k, which has 65 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
I an interested in finding out more about leasehold property buying. We are going 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 Ham 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?
My nephew has a share of freehold, with two other leaseholders in a building in West Ham. House divided into three apartments. He has a lease, which has nearon 57 years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
Just a quick one, how much does it cost for a lease extension on a residential property in West Ham for a one bed flat - sec 42 having been issued?
I am currently negotiating a lease extension for my flat in West Ham 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?