Top Ten Questions relating to Deeside Lease Extensions

  • I have a lease of sixety seven years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I have contacted my freeholder for a lease extension for my flat in Deeside. His conveyancers has been in contact concerning charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started July 199.
  • I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a garden flat in Deeside, where the lease is around 77 years but she was advised by the selling agents that the flat owner had extended it to 125 years. Only now has she been told the flat owner was waiting for her to appoint conveyancers ahead of instigating the lease extension. Sounds unscrupulous, also it could take time to sort it all out. What do you think?
  • My leasehold flat in Deeside is up for sale and I have a hopefully firm offer. There is eighty one years unexpired on the lease and I want a lease extension. What will it likely cost to get a lease extension by, say,fifty years
  • We wish to extend our lease having owned the flat for two years as of 1st April 2015. It has nearon sixety eight years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • I am looking to buy a one bed flat in Deeside for asking price of 145k, which has 67 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • Coming up to 2 years that I have been in my one bedroom apartment in Deeside. I have 74 yrs outstanding on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I am the registered freeholder to two flats. Someone has the lease on the garden flat in Deeside. I reside in the upper flat. I was looking at the title deeds recently when I noticed that my flat has a lease on it. There is 70 years remaining. Can one do a lease extension without retaining a conveyancers?
  • I am currently negotiating a lease extension for my flat in Deeside 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'm looking for some advice with regard to a lease extension on my garden flat in Deeside. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good solicitors who specialises in lease extensions?
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    Lease Extensions in Deeside

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