Crickhowell Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Crickhowell Lease Extensions
I want to purchase a leasehold property and lease extension. The owner 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 am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 60 years remaining.
I'm looking for an apartment to buy in Crickhowell and I'm not really familiar with the leasehold arrangement. I've identified a garden flat I like with a 82 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
I'm living at mum and dad but have a garden flat in Crickhowell let out which has a seventy two year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Crickhowell for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
I have a leasehold property in Crickhowell with 78 years unexpired on the lease. I need a solicitors to help me obtain a lease extension. Can you help?
I'm intent on buying a flat in Crickhowell valued at £210,000 the flat has approaching 79 years unexpired on the lease. My offer was conditional upon a lease extension... .. that was back in June, hoping I'd have moved in by Christmas. The seller has just informed the agent they are willing to reduce the price by£8k if I deal with the lease extension myself. I'm unsure whether that's a good idea
My brother and I are acquiring a three bedroom second floor purpose built flat in Crickhowell which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our conveyancers to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
My brother and I are in the throws of buying a home (a garden flat located inCrickhowell with share of freehold). Throughout our search, we were always looking at apartments that had at least ninety years balance left. We came across a flat we liked and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our solicitors told us the lease only has sixety three years and therefore needs a lease extension. Do we run away, or should we reduce our offer?
My friend is concerned about obtaining a lease extension from a difficult freeholder. Even though the correct procedures were followed under the 1993 Act, the freeholder still tried to get ground rent of £200 increasing by 100% every twenty years of the new term. Can you help?
I am currently negotiating a lease extension for my flat in Crickhowell 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?