Willenhall Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Willenhall Lease Extensions
I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leaseholders want a lease extension and I'm curious about the the process
I am about to put an offer in on a maisonette in Willenhall with a lease of 74 years but unsure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I inherited a maisonette in Willenhall. The lease commenced in 2001 for 99 years. Now I am looking to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
I am going to purchase a flat in Willenhall. My offer is conditional upon a lease extension. The flat owner’s property lawyers has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
In 2010 I purchased a leasehold flat in Willenhall. I have built a large extension and have not informed my freeholder. What are my options?
I am about to view a one bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety two years outstanding on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
I am in need of a lease extension for my flat in Willenhall and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My conveyancing practitioners (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?
We would like to know the cost of a lease extension valuation for a property based in Willenhall. Would you be able to help?
Coming up to two years that I have been in my garden flat in Willenhall. I have sixety nine yrs remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?