Cilfynydd Lease Extension - Your Legal Fees Calculator
Questions and Answers: Cilfynydd Lease Extensions
I am looking for a lease extension on the lease on my two bedroom first floor purpose built maisonette in Cilfynydd which will have seventy two years left in January. What fees do you charge for this?
I'm intending to make an offer on a house in Cilfynydd but I'm concerned 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 The Mortgage Works giving us the mortgage now?
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 61 years balance left.
Re a residence in Cilfynydd. upper maisonette. sixety four yrs unexpired. I have an agreed lease extension to £14k for 125yrs. Freeholder also requested Initial Notice which I think is a tad over the top. Can you assist.
My partner and I have a residential flat in Cilfynydd with 68 years unexpired. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from nominal to £300 per annum..plus a premium I think of approximately 16k. We have now decided to move forward but do we now have to renegotiate?
I own a purpose-built flat located in a large block in Cilfynydd. The leasehold interest in the flat on a 99 year lease started on 30th November 1969 with a set yearly rent of 35. I wish to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?
Me and my sister have owned a leasehold flat for about fifteen years. It now has 68 years remaining 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 now have to make a decision as to whether to accept it or go to LVT and would welcome advice.
Coming up to 2 years that I have been in my ground floor flat in Cilfynydd. I have sixety yrs outstanding on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 450k. 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
I am currently negotiating a lease extension for my flat in Cilfynydd 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?
I have a lease of fivety four years remaining on my flat in Cilfynydd. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?