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Leasehold extension informal approach survey £420 crickey!

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  • Leasehold extension informal approach survey £420 crickey!

    Hi

    to date i have been hi jacking jon1965's thread, so need to start my own thread.

    having followed jon's valuable advice i contacted my own freeholder, who came back to me pretty quickly actually quoting that i would need to pay them £420 as a charge for them to send out their surveyor to value the property! £420 is a bit steep not only are they imposing this charge, but they want to know the value of the property if the property is up for or going up for sale.

    2 questions
    i read on jons thread via someone responding to them that they do not need to use the freeholders valuer as this can be done online?????
    also if the freeholders valuer is being used to value the property, then of what use is any info on valuation if the property was up for sale.

    sorry i got it wrong with number of questions (sun through window sizzled my brain)
    im sure i read somewhere that if a leaseholder carried out work to for example convert the loft (with all permissions and authorisations and signing offs) that the freeholder should not be compensated twice and could therefore not base his valuation on the new size of the property but that it had to be based on the size of the property prior to improvement.

    it would be really great to get some feedback from someone.

    Thanks
    Tags: None

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