Crymych Lease Extension - Your Legal Fees Calculator
Questions and Answers: Crymych Lease Extensions
I am looking to extend the lease on my one bedroom apartment in Crymych which will have sixety one years unexpired lease in September. What fees apply?
I want to acquire a leasehold property and lease extension. The vendor has been there for four 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 going to purchase a flat located in Crymych. The offer is subject to the lease extension. The flat owner’s property lawyers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Santander. Moreover, which are the following lease extension steps to complete the purchase?
I'm looking for an apartment to purchase in Crymych and I'm not really familiar with the leasehold tenure. I've found a garden flat I like with a 90 years lease. My research reveals that I can get a lease extension after 2 years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
I own a share of the freehold. There are five flats in the house. All the leaseholders are now requiring lease extensions. What's your solicitors fee?
I'm looking at purchasing a flat in Crymych valued at £256,000 the flat has just under sixety two years unexpired on the lease. I put in an offer conditional upon a lease extension... .. that was back in November, expecting I'd have completed by Christmas. The seller has just informed the agent they'll knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
My husband and I are hoping to acquire a home (a ground floor flat based inCrymych with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years left. We found a apartment we fell in love with and the selling agent assured that the lease term was not an issue. Yesterday our property lawyers advised us the lease only has 60 years and therefore needs a lease extension. Should we walk away, or should we negotiate our offer?
I require an estimate to extend my mother’s lease on a garden flat in Crymych. She recently got a figure from the landlord for a lease extension but I am far from certain if it is too expensive.
I am currently negotiating a lease extension for my flat in Crymych 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?
We have a one bedroom apartment in Crymych with a lease of sixety years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?