Cilcain Lease Extension - Your Legal Fees Calculator
Cilcain Lease Extensions: Q and A’s
My wife and I are thinking about a lease extension for our ground floor flat based in Cilcain and we don't fully understand the communication that we received from our landlord company. What's your legal fee?
I’m just looking for a garden flat to purchase in the Cilcain area and was after more information on what the likely fees would be for a lease extension? It has 63 years remaining...
I want to buy a leasehold property and lease extension. The seller has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I bought a studio flat located in Cilcain with a leasehold unexpired of 62 years. I am enquiring about what I will need to spend to extend my lease term
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?
Think I may have made a mistake, I am seeking a property lawyers in Cilcain who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
Ref a property in Cilcain. upper maisonette. 72 yrs remaining. I have an agreed lease extension to £14k for 125yrs. Landlord also insisted on Notice of Claim which I think is a tad over the top. Can you assist.
Me and my wife have been in discussion with our freeholder after having a valuation on our studio flat in Cilcain. We have a 71 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on our behalf.
We know that others in the same block previously had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you recommend such a course of action?
I am currently negotiating a lease extension for my flat in Cilcain 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?