Abersoch Lease Extension - Your Legal Fees Calculator
Common questions relating to Abersoch Lease Extensions
I have shares in the freehold of buildings comprising of 8 flats each. Two of the leaseholders want to extend their leases and I'm curious about the the process
Hi. I need a conveyancing practitioners to review my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor variations.
I am a FTB of a leasehold flat in Abersoch. The lease has only 65 years residual lease term and ground rent is £50. Is it possible for the seller to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the vendor? To add to the complexity the landlord is absent, so I am not sure how this will play out.
My mortgage lender requires several hundred pounds for their conveyancing practitioners for a "deed of substituted security" for the lease extension for my flat in Abersoch... I am unable to find any reference of this in my mortgage booklet... is this a usual cost that they charge?
My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Abersoch. I would be grateful if you can give me a call when you get a chance to discuss the case.
I'm looking at purchasing an apartment in Abersoch valued at £195,000 the flat has just under sixety four years left on the lease. My offer was subject to the lease being extended... .. that was back in November, expecting I'd have moved in before Christmas. The owner has just informed me that they are prepared to reduce the price by£7k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
I am the freeholder of a property in Abersoch where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £9,000, but has increased this by £2,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
I'm hoping for some assistance with regard to extending the lease on my flat. I'll be looking to do this next winter as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. You are able to recommend a good property lawyers who specialises in lease extensions. Ideally based in Abersoch?
I am currently in the process of refinancing my one bedroom apartment in Abersoch and the bank that I am looking to switch to requires at least 80 years remaining on the lease in order for them to progress matters. We currently have around 79 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process