Barry Island Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Barry Island Lease Extensions
I invested in buying a flat in Barry Island with a leasehold unexpired about 69 years and need a lease extension. Please can you clarify the next stages
Hello, I stumbled across your website. I'm looking for prices on what it cost to extend a lease of a a property located in Barry Island. It's on sale at the moment but has about 61 years of unexpired leasehold
I am thinking about whether to purchase the freehold or a lease extension of my property in Barry Island 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 Lloyds TSB Bank to free up equity. The broker handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease started in 1972 and since then the ground rent has been raised from £38.00 per year to £125 per year.
Regarding a residence in Barry Island. lower maisonette. 66 yrs remaining. I have an agreed lease extension to £14k for 135yrs. Landlord also insisted on Initial Notice which I think is a bit over the top. Can you assist.
My wife and I are considering buying a garden flat in Barry Island which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
My OH and I have owned a leasehold flat for about twenty years. There are 76 years outstanding on the lease. Following a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate advice.
Coming up to two years that I have owned my studio flat in Barry Island. I have 75 years remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Barry Island. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.
I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Barry Island. I occupy in the upper flat. I was reviewing the land registry documents yesterday when I noticed that my flat is leasehold. There is sixety two years outstanding. Is it possible to do a lease extension without instructing a conveyancers?
We currently own a two bedroom ground floor purpose built maisonette in Barry Island and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy seven years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?