I own a GF flat in a converted house. There is one other flat upstairs. I also own the freehold, so upstairs is my leaseholder.
There is one front door which takes you in to a small shared hall which then has separate internal doors into my flat and into their flat. I've discussed with upstairs and we're planning to try and build a new separate entrance door on the front, so there are two front doors - one into theirs, and one into mine, which will mean I'll take the shared hallway back.
Currently my lease allows them a right of way through the shared hall to access their flat. We will therefore need to amend both leases to show the revised setup. Revising the plan should be really easy. Does anyone know how much this should cost to do and / or have any recommendations of solicitors who could help with this? Spoke to one outfit in greenwich and they were quoting an arm and a leg for what I would've thought should be a very straightforward job.
Also, should I get leases amended first then do the work, or do the work then get leases amended?
Finally, not the purpose of this post but if anyone has any good builders who'd fancy helping out with this let me know!
Any advice appreciated!
cheers
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You will probably find that you will need your lender's permission to change the lease on your flat and I'm not sure how you would stand if you were to own the hallway as the freeholder and the ground floor flat have a lease with a right of access to the hallway and nothing more, but I would ask the solicitor as that might turn out to be less expensive.
As for the legal cost: leases are very complicated documents and if the solicitor makes an error they could well be liable for a big hit on their PI insurance so I wouldn't expect it to be cheap.
It might be an idea to look at doing the lease change at the same time as a remortgage, then you won't have the costs and fuss of getting the bank's lawyers looking at the old lease and the new one before they decide if they are happy to do it.
However the specific details of the property will have an impact so you will need advice from someone that is going to draw up the new lease and, maybe, a builder and/or architect that will draw out the plans for the new entrance and modifications of the current one.