Brecon Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Brecon Lease Extensions
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 55 years remaining.
We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 899 years balance left so a lease extension is not a concern. 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 twenty years without owning the property. Any advice would be much appreciated.
I acquired a maisonette in Brecon with a leasehold unexpired of seventy seven years. I am wondering about how much it will cost me to extend my lease
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 bought a studio flat in Brecon. The start date for the lease was in 1998 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
I'm looking for a flat to buy in Brecon and I'm not really familiar with the leasehold tenure. I've identified a one bedroom apartment I like with a 87 years lease. I've read that I can apply for a lease extension after a couple of years, but:- Is this a given?
I own a share of the freehold. There are four flats in the building. All the leaseholders are now looking for lease extensions. What's your solicitors fee?
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?
Hello I own the freehold reversion in a 3 bedroom flat in Brecon. The leaseholder has a 64 year lease and would like to purchase an additional 90 years. He is offering me £21,000 but I am not sure if this is too low an offer
I'm looking for some advice with regard to a lease extension on my two bedroom ground floor purpose built maisonette in Brecon. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good solicitors who specialises in lease extensions?