Beddgelert Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Beddgelert
Hello. I need someone to have a look at my lease extension ahead of it being formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few small changes.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I'm deliberating over buying a maisonette (leasehold) but the freeholder has been missing for around 15yrs. I wonder whether it will be cheaper to try to acquire the freehold or to get a lease extension and apply for right to manage?
Re a leasehold in Beddgelert. lower maisonette. 65 yrs remaining. I have an agreed lease extension to £12,000 for 135yrs. Landlord also insisted on Initial Notice which I think should not be necessary. Can you assist.
My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
Me and my sister have owned a leasehold flat for about eighteen years. It now has seventy six years outstanding on the lease. After a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
Just been over 2 years that I have been in my one bed flat in Beddgelert. I have seventy six yrs unexpired lease on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
We are buying a garden flat in Beddgelert which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our property lawyers to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to wait until the new lease is registered?
I am the freeholder of a property in Beddgelert and a leaseholder would like a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor has recommended a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
I'm seeking some help with regard to extending the lease on my apartment. The plan is to do this in six months time as we need 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 LVT 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?