Caernarfon Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Caernarfon Lease Extensions
I’m thinking about a lease extension for our garden flat based in Caernarfon and we are confused by the communication that we got from our freehold company. How long will it take?
Hi. I need a lawyers to review my lease extension prior to it being signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
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?
The terms for the lease on my flat in Caernarfon are 99 years from 14 Feb 1990. Please provide me a quote to extend the lease if I give you more specifics please?
Is it possible to talk with you about a flat in Caernarfon, I am considering buying at auction next week. The flat only has a few years left and I was wondering about what it would cost to get a lease extension and for your services.
My OH and I are proceeding with a purchase of a ground floor flat in Caernarfon. I was advised by the EA that the lease extension had already been completed while on a viewing (sixety five years remaining prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The vendor supposedly has a quote but no finances to extend as a result the vendor wants to exchange and use the deposit monies to extend the lease. My question is is it not odd that my lawyers didn't spot this far earlier than just before exchange?
My OH and I have owned a leasehold flat for approximately eighteen years. There are seventy nine years outstanding on the lease. After a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.
I'm looking at acquiring an apartment in Caernarfon at a price of £195,000 the flat has approximately 73 years unexpired on the lease. I put in an offer subject to the lease being extended... .. that was back in September, expecting I'd have completed by Christmas. The seller has just informed the agent that they are prepared to knock £4k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
I am the freeholder of a property in Caernarfon where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has recommended a much higher amount. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Caernarfon