Adamsdown Lease Extension - Your Legal Fees Calculator
Sample questions relating to Adamsdown Lease Extensions
I am about to put an offer in on a three bed flat in Adamsdown with a lease of sixety two years but have no idea how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I'm considering purchasing a one bedroom apartment (leasehold) but the landlord has been absent for just under 15yrs. I wonder whether it will be cheaper to try to acquire the freehold or to extend lease and apply for right to manage?
We are in a block comprising five flats in Adamsdown and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
We acquired a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Adamsdown and are therefore thinking about the option of a vesting order. Is this something you can handle for us?
I am deliberating whether to purchase the freehold or a lease extension of my property in Adamsdown and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a refinance with Barclays to free up equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £25.00 per annum to £125 per annum.
I am a first time buyer of a leasehold flat in Adamsdown. The lease has just 75 years unexpired and ground rent is £25. Is it possible for the current owner to serve the Initial Notice and then transfer over the right to me as the purchaser on the day of completion so that I don't have to wait 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 owner? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
Just been over 2 years that I have owned my maisonette in Adamsdown. I have fivety eight years remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Adamsdown based conveyancers or any will do fine?
Just a quick one, how much is the premium payable for a lease extension on a residential property in Adamsdown for a three bed flat - section 42 is already served?
I am the freeholder of a property in Adamsdown where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My valuer 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 costs would I be likely to face?
I am currently in the process of remortgaging my maisonette in Adamsdown and the bank that I am looking to move to needs at least 85 years remaining on the lease in order for them to progress matters. We currently have around 59 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension