http://www.newsontheblock.com/questions-answers/qa-extending-a-lease-when-you-own-a-share-of-freehold WebJan 31, 2024 · A All you hear about the lease extension process being incredibly expensive is not necessarily true. If all the other freeholder …
Leasehold vs freehold: What
WebOct 30, 2024 · Fees can be a major source of contention. One in four (26%) leaseholders feel their freeholder is over charging, but don’t feel able to do much about it. While the … WebSep 19, 2024 · Extending the lease without a share of freehold could cost you between £16,000 and £20,000. When you own a share of the freehold, you will also have a say in … greek mythology short stories pdf
Share of freehold: When joint owners should consider a Declaratio…
WebMay 27, 2024 · The downside to owning a share of the freehold is that all the other freeholders have to agree that you can extend your lease. ... ago and own 20% of the freehold. The lease on my flat is now less ... WebOct 11, 2024 · Party B owns the freehold of both the upper maisonette and the garden (registered as a single title), and the leasehold of the lower maisonette and garden under a single lease. Party B, therefore, has two landlords under their lease; the landlord of the lower maisonette is Party A and Party B is his own landlord in respect of the garden. WebJun 28, 2024 · The lease can be extended up to 999 years, but the freeholder can charge what they want, and ground rent could even be increased over the term of the lease. … flower bouquet lego bags