Felinheli Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Felinheli Lease Extensions
We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 899 years residual lease term so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
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 inherited a studio flat in Felinheli. I am looking to extend lease on the property. It is about 80 years. I would just like to know what your charges are and how long it would take for completion.
My nephew has a share of freehold, with two other leaseholders in a building in Felinheli. House divided into three apartments. He has a lease, which has around seventy two years left. How much would it cost for a lease extension and how many years would he need to extend by?
I'm living with my mother and father but have a garden flat in Felinheli let out which has a 71 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Felinheli for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
I have a leasehold property in Felinheli with seventy five years left on the lease. I need a conveyancing practitioners to help me get a lease extension. Can you help?
Me and my partner are hoping to purchase a property (a maisonette located inFelinheli with share of freehold). Throughout our search, we were always looking at apartments that had a minimum ninety years balance left. We identified a place we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our conveyancers advised us the lease only has 62 years and thus requires a lease extension. Do we run away, or do we negotiate our offer?
I own the freehold to two flats. Someone has the lease on the garden flat in Felinheli. I live in the upper flat. I was reviewing the title deeds yesterday when I noticed that my flat is leasehold. There is fivety seven years residual lease term. Can one do a lease extension without retaining a conveyancers?
I am currently negotiating a lease extension for my flat in Felinheli 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 garden flat in Felinheli