Fforestfach Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Fforestfach Lease Extensions
Hi, I stumbled across your site. I'm looking for prices on what a lease extension will cost for a garden flat based in Fforestfach. It's up for sale at the moment but has roughly fivety five years left on the lease
I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Fforestfach - I wanted to see if with your services this could be extended?
I have contacted my freeholder for a lease extension for my flat in Fforestfach. Her property lawyers has been in contact concerning fees 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 December 1993.
I inherited a two bedroom first floor purpose built maisonette in Fforestfach. The lease started in 1992 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
I am going to purchase a flat located in Fforestfach. The offer is conditional upon a lease extension. The vendor’s property lawyers has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Godiva Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
I am a FTB of a leasehold flat in Fforestfach. The lease has only seventy three years residual lease term and ground rent is £75. Is it possible for the seller to serve the Notice of Claim and then assign this right to me as the buyer on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the homeowner? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
My partner and I have a residential flat in Fforestfach with 65 years left. Ten months ago we were quoted a deal to grant a lease extension for another thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 16k. Finally we have decided to move forward but do we now have to start the negotiations again?
I'm intent on acquiring an apartment in Fforestfach valued at £195,000 the flat has approaching seventy seven years left on the lease. My offer was conditional upon a lease extension... .. that was back in November, expecting I'd have completed before now. The seller has just come back saying they are willing to reduce the price by£7k if I deal with the lease extension myself. I'm unsure whether that's a good idea
I am currently negotiating a lease extension for my flat in Fforestfach 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 have a lease of 79 years remaining on my flat in Fforestfach. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?