Ferndale Lease Extension - Your Legal Fees Calculator
FAQs concerning Ferndale Lease Extensions
I’m just looking for a studio flat to purchase in the Ferndale area and was wondering what the likely fees would be for a lease extension? It has 67 years outstanding...
I invested in buying a property in Ferndale and it has around fivety eight years residual lease term. 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?
The intention is to sell our 2 bed flat in Ferndale but we may need to extend the lease, or possibly cover the expense of our buyers. Are you able to recommend someone to assist?
My neighbours and I are in a building consisting of five flats in Ferndale and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
Offer accepted on a a garden flat in Ferndale, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My query is Should I tell the vendor that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
I intend to buy a one bed flat in Ferndale for asking price of 145k, which has 66 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
I am the freeholder of a Edwardian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 68 years. What are my next steps?
I am the registered freeholder of a couple of flats. Someone has the lease on the garden flat in Ferndale. I reside in the top flat. I was reviewing the land registry documents today when I noticed that my flat is leasehold. There is 66 years outstanding. If I want to do a lease extension then would I just be paying for the solicitors fees?
Do you handle lease extensions on land? (a plot of land in Ferndale with 82yrs remaining)