Barry Island Lease Extension - Your Legal Fees Calculator
Common questions relating to Barry Island Lease Extensions
I am looking for a property lawyers in Barry Island and they should be on the Bank of Ireland approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?
I am the registered owner of a maisonette in Barry Island. I am looking to extend lease on the property. It is nearly eighty years. I would just like to know what your charges are and how long the process takes.
I am deliberating 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 £2500 to extend the lease. I plan to simultaneously remortgage with National Westminster Bank to free up equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per year to £125 per annum.
I own a leasehold apartment in Barry Island. I have built a big extension and have not informed the freeholder. What are my options?
I am a FTB of a leasehold flat in Barry Island. The lease has only sixety one years left and ground rent is £75. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process 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 current owner? Unfortunately it’s the case of an absent freeholder, so I am not sure how does it work.
I am looking at purchasing an auction property and came upon a two bed flat in Barry Island. It has just fifty year lease..the seller being mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this other than the costly fee to extend the lease and decreased chance of getting a mortgage with Accord Mortgages Ltd?
We have a residential flat in Barry Island with sixety nine years unexpired. Ten months ago we were quoted a deal to grant a lease extension for a further fifty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 10k. We have now decided to proceed but do we now have to renegotiate?
My apartment in Barry Island is up for sale and I have a hopefully firm offer. There is 79 years remaining on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,thirty years
I own a share of the freehold. There are five apartments in the block. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
Are you able to provide an estimate to extend my mum’s lease on a one bed flat in Barry Island. She recently got a figure from the landlord for a lease extension but I am not sure it is too expensive.