Caerwent Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Caerwent Lease Extensions
Me and my wife have just completed on a ground floor flat located inCaerwent and I'm considering extending the lease as soon as I can e.g. after a couple of years
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety one years balance left.
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 have contacted my freeholder to extend my lease for my flat in Caerwent. His lawyers has been in contact regarding costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started March 1992.
My neighbours and I are in a building containing three flats in Caerwent and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I bought a studio flat in Caerwent. I am looking to extend lease on the property. It is slightly more than eighty years. I would just like to know what your charges are and how long it would take for completion.
Offer accepted on a a one bedroom apartment in Caerwent, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as 85 years.We are about to exchange contracts in a couple of days. My question is why has this only just come to my attention by my lawyers?
I am looking to buy a one bed flat in Caerwent for asking price of 125k, which has 73 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I am the freeholder of a Edwardian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 66 years. What are my next steps?
I have seventy seven years remaining on my lease of a ground floor flat in Caerwent, 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