Caernarfon Lease Extension - Your Legal Fees Calculator
Questions and Answers: Caernarfon Lease Extensions
I am looking to purchase a maisonette in Caernarfon with a lease of 71 years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
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 Sep 1990. Please give me a quote for a lease extension if I give you more information please?
We have a residential flat in Caernarfon with sixety nine years unexpired. Last year we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from nominal to £300 per annum..plus a premium I think of about 14k. Finally we have decided to go ahead but do we now have to start the negotiations again?
Me and my husband are considering buying a garden flat in Caernarfon which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
We wish to extend our lease. We will have been in the property for two years as of 22nd April 2016. It has around 73 years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
Offer accepted on a a one bedroom apartment in Caernarfon, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.Contracts were due to be exchanged in a couple of days. My question is Is it not odd that my lawyers failed to spot this far earlier than just before exchange?
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I commence the process, is this correct?
I am looking to extend the lease on my garden flat in Caernarfon I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
I have 67 years remaining on my lease of a ground floor flat in Caernarfon, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high