Blaenavon Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Blaenavon
So this is the scenario: I bought a one bedroom apartment in Blaenavon that I now cannot sell due to the lease needing a lease extension. Are you able to help me with this situation ?
We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any feedback would be much appreciated.
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 am concerned that my daughter is being hoodwinked. She put in an offer on a garden flat in Blaenavon, where the lease is around sixety three years but she was told by the selling agents that the vendor had extended it to 99 years. She has now been informed the seller was waiting for her to instruct solicitors ahead of instigating the lease extension. Seems odd to me, also it will take a while to sort it all out. What do you think?
My dad has a share of freehold, with two other leaseholders in a building in Blaenavon. House divided into three apartments. He has a lease, which has just under sixety five yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Blaenavon. I would be grateful if you can give me a call when you get a chance to discuss the case.
Coming up to 2 years that I have been in my studio flat in Blaenavon. I have seventy three years unexpired lease on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: What can I expect in terms of legal 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)?
Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Blaenavon. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the garden area.
Are you able to provide an estimate to extend my mother’s lease on a studio flat in Blaenavon. She already has a price from the landlord for a lease extension but I am unclear whether it is too high.
I am currently negotiating a lease extension for my flat in Blaenavon as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?