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Lease Extensions: FAQs For Leaseholders and Freeholders

Автор: IBB Law LLP

Загружено: 2014-06-20

Просмотров: 8942

Описание: Shital Mehta, senior solicitor in the residential conveyancing department at IBB Solicitors, answers the key questions often asked by leaseholders and freeholders. For more information please visit: http://www.ibblaw.co.uk/service/resid...

Questions for Leaseholders Considering a Lease Extension:

Q.Why should I extend my lease?
Q.How can I extend my lease?
Q. When should I extend my lease?
Q. Am I a qualifying tenant for lease extension?
Q. How long do I have to wait before I have the right to extend my lease?
Q.How long can I extend my lease for?
Q. Will the ground rent increase after a lease extension?
Q. I am a leaseholder. How do I calculate the premium payable to extend my lease?
Q. What happens if we cannot agree on how much the lease extension should cost?
Q. I want to extend my lease. Are there any additional costs payable other than the price of the lease extension?
Q. Do I have to go through the Act to extend my lease?

Questions For a Freeholders: The Granting of Lease Extensions

Q. I am a freeholder. Do I have to grant a lease extension to the leaseholder?
Q. I am a freeholder. How do I know what premium the lessee should be paying me to extend his lease?
Q. I am a freeholder, and involved in a lease extension. Will I need a solicitor?
Q. I am a freeholder. If a lease is extended will the terms of the new lease be the same as the existing one?
Questions for Leasehold Tenants Undergoing a Lease Extension
Q. I am undertaking a lease extension. Can the landlord insist on making variations to the lease?
Q. I am a leaseholder and I want to extend my lease but my landlord is missing. What should I do?
Q. How do I find out who my freeholder is?
Q. I have served a Section 42 notice and have not received a counter-notice. What can I do?
Q. I am proceeding under the Leasehold Reform, Housing and Urban Development Act 1993 and have agreed the terms of the lease extension but have not completed. What can I do?

For further information please contact IBB's property and conveyancing solicitors on 01494 790013 or 01494 790071 or email [email protected]​.
http://www.ibblaw.co.uk/service/resid...

Our residential conveyancing solicitors provide professional legal advice on all aspects of buying and selling property. Our property solicitors are based in Chesham, Buckinghamshire, and covers the neighbouring areas of: Amersham, Chorleywood, Rickmansworth, The Chalfonts, Gerrards Cross, Beaconsfield, Berkhamsted, the surrounding home counties and West London. We can meet you at our Chiltern office or a mutually convenient location .

The Residential Conveyancing Team
IBB Solicitors
The Bury, Church St,
Chesham
HP5 1JE
http://www.ibblaw.co.uk/service/resid...

Resources:
Selling your home in Buckinghamshire: IBB's residential conveyancing and property solicitors discuss the process
http://www.ibblaw.co.uk/service/resid...

Buying a home in Buckinghamshire: IBB's residential conveyancing and property solicitors discuss the process and key issues
http://www.ibblaw.co.uk/service/resid...

Wills, Trusts and Probate Solicitors covering Buckinghamshire and surrounding areas
http://www.ibblaw.co.uk/service/wills...

Divorce and Family Law Solicitors covering Buckinghamshire and surrounding areas
http://www.ibblaw.co.uk/service/famil...

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