Wilford Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Wilford Lease Extensions
I purchased a flat in Wilford with a leasehold unexpired roughly 61 years and need a lease extension. Please can you clarify the next stages
I need to extend my current lease can you assist? I think it has sixety eight years remaining
We invested in buying a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Wilford and are therefore deliberating the option of a vesting order. Is this something you can help us with?
I am seeking advice as I am interested in a property that has only a 55 year lease and therefore requires a lease extension. Can I call someone to go through my options please?
I am the freeholder of a Edwardian 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 sixety seven years. What are my next steps?
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?
Just a quick question, how much is the premium payable for a lease extension on a residential property in Wilford for a one bed flat - sec 42 is already served?
My OH and I are in the throws of buying a flat (a studio flat based inWilford with share of freehold). Throughout our search, we were always looking at properties that had at least ninety years remaining. We found a apartment we liked and the estate agent assured that the lease was long albeit not specifying a number. This morning our property lawyers told us the lease only has 70 years and thus needs a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I own the freehold reversion of a property in Wilford and a leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer 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 costs would I be likely to incur?
We currently own a garden flat in Wilford and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?