Borth Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Borth
I’m about to offer on a a property to purchase in the Borth area and was curious how much would it cost to extend a lease? It has 58 years residual lease term...
I am looking for a property lawyers in Borth and they should be on the National Westminster Bank approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend any please ?
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 considering bidding for an auction property and came upon a studio flat in Borth. It only has a 50 year lease..the seller as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this other than the costly fee to extend the lease and decreased chance of getting a mortgage with Nationwide Building Society?
I own a share of the freehold. There are four flats in the house. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
My conveyancing practitioners (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?
I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 55 years. I need a lawyers at my end. Can you advise please? I live near Borth and have a mortgage with Barclays Direct.
Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in Borth. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
I own the freehold reversion of a property in Borth where the leaseholder has requested a lease extension. Her valuer has provided a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Borth