Cyncoed Lease Extension - Your Legal Fees Calculator
Questions and Answers: Cyncoed Lease Extensions
I inherited a flat in Cyncoed with a leasehold unexpired circa 60 years and need a lease extension. Please can you clarify the next stages
Hello, I stumbled upon this website. I'm looking for prices on what it cost to extend a lease of a maisonette in Cyncoed. It's up for sale at the moment but has around fivety five years left on the lease
I have shares in the freehold of buildings comprising of 8 flats each. 2 of the leasehold owners want to extend their leases and I'm wondering about the procedure for this
Hello. I need a conveyancers to have a look at my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor variations.
I'm deliberating over buying a one bedroom apartment (leasehold) but the freeholder has been missing for around 15yrs. My question is would it be less expensive to try to purchase the freehold or to get a lease extension and apply for RTM?
I am looking to either purchase the freehold or a lease extension of my property in Cyncoed and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Aldermore to free up equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease started in 1979 and since then the ground rent has been raised from £38.00 per annum to £200 per annum.
I am looking at bidding for an auction property and came upon a two bed flat in Cyncoed. It only has a 48 year lease..the current owner as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the costly fee to extend the lease and reduced chance of getting a mortgage with HSBC Bank?
I an interested in finding out more about leasehold property buying. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Cyncoed area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
I am currently negotiating a lease extension for my flat in Cyncoed 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 wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Cyncoed