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Frequently Asked Questions
- I own a leasehold house. How much will the freehold cost?
- I want to extend my lease. Are there any additional costs payable other than the price of the lease extension?
- How can I buy the freehold of my building?
- How long can I extend my lease for?
- Why do I have to extend my lease?
- I own a leasehold house. How do I buy the freehold?
- What will it cost to apply to the Leasehold Valuation Tribunal (LVT)?
- What happens if we cannot agree on how much the lease extension should cost?
Frequently Asked Questions
What will it cost to apply to the Leasehold Valuation Tribunal (LVT)?
An application fee is payable by the applicant and depends on the sort of application being made. For applications relating to the challenge of costs, the fee is based on the amount in dispute and for other applications it is based on the number of flats to which the application relates. Where a matter proceeds to hearing, there may be an additional £150 hearing fee payable. At the moment, the maximum fee payable is £500.
There are currently no fees payable where the application relates to the enfranchisement of houses or flats and lease extensions.
Fees can also be waived or reduced where the applicant is in receipt of certain benefits.
More information you might find useful:
- Application to the Leasehold Valuation Tribunal
- More Frequently Asked Questions on Application to the LVT
- Tribunal fees - RPTS website (external link)
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