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Fees for extending lease

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  • Fees for extending lease

    Just really after a 'ball park' figure for likely average fee that I would be charged to extend lease on my flat. I am quarter owner of F/H which is self-run by management company. Property is worth 170k approx. Lease was 99yrs in 1877.

  • #2
    Re: Fees for extending lease

    You can get an ideal of the likely premium by using the ready reckoner at Leasehold Advisory Service: Free advice on residential leasehold law - please note that, in addition, you will be liable for the landlord's solicitor's and valuer's fees, as well as your own
    This is based on my experience as a conveyancing solicitor in England, but I do not accept liability for information I give in this forum


    • #3
      Re: Fees for extending lease

      I am quarter owner of F/H which is self-run by management company.
      If you are a quarter owner of the freehold I would think that the other co-freeholders were unreasonable whatsits if they charged me anything other than legal costs for extending the lease.

      If the lease was 99 years from 1877 then it has already expired in 1976!
      RICHARD WEBSTERwww.rwco.co.uk
      As a conveyancing solicitor I want to be helpful (England/Wales only) but can't accept liability for this.