Brecon Beacons Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Brecon Beacons Lease Extensions
I am fairly sure that our conveyancing practitioners has advised us incorrectly concerning a lease extension and I would like to find out how to go about making a formal complaint
I have an interest in the freehold of buildings comprising of 8 flats each. Two of the leaseholders want to extend their leases and I'm wondering about the the process
I'm about to make an offer on a house in Brecon Beacons but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Norwich and Peterborough Building Society giving us the mortgage now?
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 going to purchase a flat based in Brecon Beacons. The offer is conditional upon a lease extension. The current owner’s conveyancing practitioners has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
I an interested in finding out more about leasehold property buying. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Brecon Beacons area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
I'm looking for some assistance with regard to a lease extension on my maisonette. The intention is to do this next June 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. Can you recommend a good conveyancing practitioners who specialises in lease extensions. Ideally based in Brecon Beacons?
I am currently negotiating a lease extension for my flat in Brecon Beacons 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?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Brecon Beacons
We have a garden flat in Brecon Beacons with a lease of 69 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?