Whyteleafe Lease Extension - Your Legal Fees Calculator
Whyteleafe Lease Extensions: Q and A’s
I am seeking a lease extension for our garden flat in Whyteleafe and we don't fully understand the communication that we got from our landlord company. How long will it take?
My name´s Freddie. I’m property hunting in Whyteleafe I'm considering offering on a three bedroom second floor purpose built flat online, with nearly 66 years outstanding, how much will it likely cost to extend in this area by, say, 35 years?
Hello, I stumbled across your website. I'm seeking prices on what a lease extension will cost for a a property based in Whyteleafe. It's on sale at the moment but has nearon sixety one years left on the lease
I inherited a three bedroom first floor purpose built maisonette in Whyteleafe. The lease commenced in 2001 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
In 2010 I purchased a leasehold apartment in Whyteleafe. I have built a huge extension and have not informed the freeholder. What should I do?
My wife and I have a GFF located in Whyteleafe. There is eighty years unexpired on the lease and we want to extend the lease. What does it cost on average to get a lease extension by, say,ninety years
My lawyers (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?
Coming up to 2 years that I have owned my garden flat in Whyteleafe. I have sixety nine years remaining on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
Just a quick one, how much is the premium payable for a lease extension on a residential property in Whyteleafe for a three bed flat - sec 42 is already in place?
I am currently negotiating a lease extension for my flat in Whyteleafe 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?