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PedroinLondon
PedroinLondon Posts: 3 Newbie
edited 27 November 2016 at 2:39PM in House buying, renting & selling
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Comments

  • anselld
    anselld Posts: 8,667 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Follow the advice here ...
    https://www.lease-advice.org/advice-guide/lease-extension-getting-started/

    Stick to the statutory process and serve s42 notice. Appoint your own surveyors.

    The statutory process adds 90 years to the existing term remaining and reduces the ground rent to peppercorn (zero).
  • eddddy
    eddddy Posts: 18,123 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think you might be getting a little carried away.

    If you pick a random solicitor and random RICS surveyor (neither of whom is known to your freeholder)...

    ... you're worried that your freeholder will approach that solicitor and surveyor and to attempt to bribe them - and succeed.


    How specifically do you think your freeholder would go about about doing that, and why do you think the solicitor and surveyor would agree?
  • That website mentioned above also has lists of practitioners (surveyors and a solicitors) specialising in this field.
  • Thanks guys but:
    I'm looking for answers rather than more questions edddy or this thread will go totally astray.
    Anseld and Starving Artist: I'm aware of lease advice. They just list practitioners who say they are specialists in the field. No vetting or customer reviews in it.
  • eddddy
    eddddy Posts: 18,123 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I'm looking for answers rather than more questions edddy or this thread will go totally astray.

    OK. You seem to be asserting that many solicitors and surveyors are corrupt. In reality, that isn't the case.

    I was inviting you to explain why you think many solicitors and surveyors are corrupt, so that I could perhaps put your mind at rest.

    Then you'd have more time to devote to real problems, rather than imaginary ones.
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'm looking for answers rather than more questions edddy or this thread will go totally astray.

    To be fair, especially on forums, sometimes questions do need asking before people can reach an answer... Thought eddddy's was a pretty fair one!


    Jx
    2024 wins: *must start comping again!*
  • PedroinLondon
    PedroinLondon Posts: 3 Newbie
    edited 27 November 2016 at 2:40PM
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  • anselld
    anselld Posts: 8,667 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    will delete this thread in a couple of days.

    Please don't, there is nothing more annoying!

    Sorry, if you found nothing useful so far, but if that is the case then why not come back later and update with your own experience (good or bad) and perhaps someone else will benefit.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I have come across several surveyors who are corrupt.

    How many corrupt solicitors have you personally come across?

    Is your lease extension worth them putting their professional status at risk. I severely doubt it.
  • eddddy
    eddddy Posts: 18,123 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 25 November 2016 at 10:19PM
    I have come across several surveyors who are corrupt.

    ... or do you mean biased towards their client (or acting in their client's best interests)?

    If so, you will definitely see that in lease extension negotiations.

    Your surveyor will be biased towards you, and the freeholder's surveyor will be biased towards them.

    Lease extension surveyors are very open about that. Your surveyor will typically say to you something like "A fair price for the lease extension is £x, but let's take a punt and only offer the freeholder £y."

    The freeholder's surveyor will be coming from the other direction.
This discussion has been closed.
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