Bryn Y Baal Lease Extension - Your Legal Fees Calculator
Questions and Answers: Bryn Y Baal Lease Extensions
Me and my wife are looking for lease extension for our ground floor flat located in Bryn Y Baal and we are confused by the letter that we received from our landlord company. Can you please assist us with this situation?
I'm planning to make an offer on a house in Bryn Y Baal but I'm a little worried 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 Alliance & Leicester giving us the mortgage now?
I am about to put an offer in on a one bedroom apartment in Bryn Y Baal with a lease of 56 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I am looking into the costs of carrying out a lease extension for my garden flat in Bryn Y Baal, and would like some figures on that.
My husband and I have a first floor flat in Bryn Y Baal with seventy one years unexpired. Last year we were quoted a deal to have a lease extension for another 25 years but also increase ground rent from notional to a little more..plus a premium I think of approximately 10k. Finally we have decided to proceed but do we now have to start the negotiations again?
My conveyancers (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 an interested in finding out more about purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Bryn Y Baal area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
Coming up to 2 years that I have been in my one bedroom apartment in Bryn Y Baal. I have 54 years remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers 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 goes to the tribunal etc)?
It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Bryn Y Baal
Are you able to provide an estimate to extend my mother’s lease on a one bedroom apartment in Bryn Y Baal. She recently got a price from the landlord for a lease extension but I am far from certain if it is too expensive.