Bangor Lease Extension - Your Legal Fees Calculator
Common questions relating to Bangor Lease Extensions
I purchased a flat in Bangor with a leasehold unexpired roughly 62 years and need to extend it. Please can you advise me of the next stages
I am looking for a property lawyers in Bangor and they should be on the Nationwide Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
I'm deliberating over purchasing a garden flat (leasehold) but the freeholder has been missing for just under 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to extend lease and apply for RTM?
I am thinking about whether to purchase the freehold or a lease extension of my property in Bangor and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Skipton Building Society to free up equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease began in 1991 and since then the ground rent has increased from £38.00 per annum to £100 per annum.
I'm looking for a flat to buy in Bangor and I'm not really familiar with the leasehold arrangement. I've identified a one bed flat I like with a 90 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Is this a given?
My husband and I have a first floor flat in Bangor with sixety four years left. Ten months ago we were quoted a deal to have a lease extension for a further thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to start the negotiations again?
My leasehold flat in Bangor is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want a lease extension. How much will it likely cost to get a lease extension by, say,fifty years
I'm living with my mum and dad but have a ground floor flat in Bangor let out which has a fivety four year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Bangor for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my garden flat in Bangor
I'm looking for some advice with regard to extending the lease on my apartment. The plan is to do this in nine months time as we have to 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 tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?