Cowbridge Lease Extension - Your Legal Fees Calculator
Cowbridge Lease Extensions: Q and A’s
I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 59 years unexpired
I have a lease of 77 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
Think I may have made a mistake, I am searching for a property lawyers in Cowbridge who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
I am looking to either purchase the freehold or a lease extension of my property in Cowbridge and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with The Royal Bank of Scotland to release of equity. The adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £15.00 per annum to £100 per year.
Offer accepted on a a studio flat in Cowbridge, 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.Contracts were due to be exchanged within a week. My query is how is possible that the estate agent got it so wrong?
My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
My brother and I would like to know the cost of a lease extension valuation for a property based in Cowbridge. Would you be able to help?
We are hoping to acquire a property (a maisonette inCowbridge with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years residual lease term. We identified a flat we fell in love with and the selling agent assured that the lease term was not an issue. Today our property lawyers advised us the lease only has 68 years and thus requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
We currently own a maisonette in Cowbridge and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 66 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Cowbridge