Wimbledon Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Wimbledon Lease Extensions
I’m about to offer on a a property to purchase in the Wimbledon area and was curious how much would it cost to extend a lease? It has 59 years unexpired...
I need to talk to you about a leasehold property in Wimbledon, I am considering buying at auction next week. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
I'm looking for an apartment to purchase in Wimbledon and I'm not really familiar with the leasehold concept. I've found a studio flat I like with a 82 years lease. My research reveals that I can apply for a lease extension having owned the property for a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
I am a FTB of a leasehold flat in Wimbledon. The lease has only 75 years remaining and ground rent is £75. Is it possible for the seller to serve the Initial Notice and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the vendor? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
My mortgage lender is requesting a £600 fee for their solicitors to agree a lease extension for my flat in Wimbledon... I am unable to find any mention of this in my mortgage contract... is this a standard fee to pay?
Me and my partner are considering purchasing a one bedroom apartment in Wimbledon which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
We are looking to extend our lease having owned the flat for 2 years as of 1st Jan 2015. It has just over 74 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.
Offer accepted on a a ground floor flat in Wimbledon, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as eighty years.We are soon to exchange contracts within a week. My question is Should I tell the seller that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
My partner and I are in the throws of buying a flat (a maisonette inWimbledon with share of freehold). Throughout our search, we were always looking at properties that had a minimum eighty five years left on the lease. We found a place we liked and the selling agent promised us that the lease term was not an issue. This morning our conveyancing practitioners told us the lease only has sixety two years and thus needs a lease extension. Should we walk away, or should we negotiate our offer?
I have a lease of seventy seven years remaining on my flat in Wimbledon. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?