Felinheli Lease Extension - Your Legal Fees Calculator
Questions and Answers: Felinheli Lease Extensions
We are looking for lease extension for our two bed flat located in Felinheli and we are confused by the communication that we got from our landlord company. Can you please assist us with this situation?
I bought a property in Felinheli and it has approximately 54 years outstanding. I'd like to extend the lease period
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?
Think I may have made a mistake, I am actually looking for a conveyancers in Felinheli who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
I inherited a one bedroom apartment in Felinheli. I am looking to extend lease on the property. It is nearon eighty years. I would just like to know what your charges are and how long the process takes.
I am looking to either purchase the freehold or a lease extension of my property in Felinheli and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Britannia to free up equity. My broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease started in 1981 and since then the ground rent has increased from £38.00 per annum to £300 per annum.
My mortgage lender requires a £450 fee for their lawyers to agree a lease extension for my flat in Felinheli... I am unable to find any mention of this in my mortgage contract... is this a usual fee to pay?
I an interested in finding out more about purchasing a leasehold residence. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Felinheli area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
My dad has a share of freehold, with two other leaseholders in a building in Felinheli. House converted into three apartments. He has a lease, which has around sixety eight years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
If somebody owns a flat with a lease of less than 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 extending the lease?