Wimbledon Lease Extension - Your Legal Fees Calculator
Common questions relating to Wimbledon Lease Extensions
My wife agreed with the landlord for a lease extension on our flat in Wimbledon, 14.5k for an extension by 90yrs. How long will it take ?
I'm wanting to make an offer on a house in Wimbledon but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Coventry Building Society giving us the mortgage now?
We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any information would be much appreciated.
I am about to put an offer in on a garden flat in Wimbledon with a lease of seventy eight years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I am a landlord of a block of flats in Wimbledon, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving funds next month. Are there any tax implications, the property is in joint names with my husband ?
Regarding a leasehold in Wimbledon. lower maisonette. seventy three yrs left. I have negotiated a lease extension price of £20k for 125yrs. Landlord also requested Section 42 Notice which I think is a tad over the top. Advice required.
I intend to buy a one bed flat in Wimbledon for asking price of 125k, which has seventy three 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 question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I own the freehold reversion of a property in Wimbledon and a leaseholder has requested a lease extension. Her valuer has given a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
I'm seeking some assistance concerning extending the lease on my flat. I'll be looking to do this next summer as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
I have a lease of 78 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?