Dulas and Nebo Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Dulas and Nebo Lease Extensions
I am looking for lease extension for our apartment in Dulas and Nebo and we are confused by the letter that we got from our landlord company. Are you able to help us with this situation?
My name´s Jason. I’m flat hunting in Dulas and Nebo I'm considering offering on a maisonette online, with nearly sixety four years unexpired lease, how much does it cost on average to get a lease extension by, say, thirty years?
Hello. I need someone to have a look at my lease extension ahead of it being completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small variations.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I will soon view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has sixety years balance left on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
I am considering bidding for an auction property and identified a two bed flat in Dulas and Nebo. It has just 49 year lease..the vendor as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Skipton Building Society?
Me and my wife are considering buying a maisonette in Dulas and Nebo which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
I have 56 years remaining on my lease of a ground floor flat in Dulas and Nebo, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
I am currently negotiating a lease extension for my flat in Dulas and Nebo 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?