Aberystwyth Lease Extension - Your Legal Fees Calculator
Questions and Answers: Aberystwyth Lease Extensions
My name´s Reuben. I’m house hunting in Aberystwyth I'm considering offering on a three bed flat online, with approximately sixety years outstanding, how much will it likely cost to extend in this location by, say, 45 years?
I bought a property in Aberystwyth and it has around seventy one years left. I'd like to arrange a lease extension by twenty years
I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Aberystwyth - I wanted to see if with your services it is possible for this to be extended?
I have contacted my freeholder to extend my lease for my flat in Aberystwyth. Her solicitors has been in contact regarding costs etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started January 1984.
I am looking to either purchase the freehold or a lease extension of my property in Aberystwyth and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Clydesdale to free up equity. My adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has increased from £38.00 per year to £200 per annum.
I am a first time buyer of a leasehold flat in Aberystwyth. The lease has just fivety five years unexpired and ground rent is £75. Is it possible for the owner to serve the Section 42 Notice and then assign this right to me as the buyer on the day of completion so that I can avoid waiting for the two 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 seller? To add to the complexity it’s the case of an missing landlord, so I am not sure how does it work.
I am a landlord of a block of flats in Aberystwyth, and the tenants are in the process of being issued lease extensions. I should hopefully get funds within a month or so. Are there any tax implications, the property is in joint names with my partner ?
Me and my wife have been in discussion with our freeholder after having a valuation on our garden flat in Aberystwyth. We have a fivety eight year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
Are you able to provide an estimate to extend my mother’s lease on a ground floor flat in Aberystwyth. She recently got a price from the landlord for a lease extension but I am far from certain if it is too high.
I am currently negotiating a lease extension for my flat in Aberystwyth as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?