Recently asked questions relating to Kidwelly Lease Extensions

  • Me and my OH are looking for lease extension for our apartment based in Kidwelly and we don't fully comprehend the letter that we got from our freehold company. Can you please assist us with this situation?
  • I agreed with the freeholder for a lease extension on our flat based in Kidwelly, 19.5k for an extension by 90yrs. What's your legal fee ?
  • I have a lease of seventy seven years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • 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 am a first time buyer of a leasehold flat in Kidwelly. The lease has only sixety years remaining and ground rent is £75. Is it possible for the owner to serve the Initial Notice and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the current owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.
  • We wish to extend our lease. We will have been in the flat for two years as of 11th Jan 2015. It has nearon fivety six years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
  • My father has a share of freehold, with two other leaseholders in a building in Kidwelly. House converted into three apartments. He has a lease, which has nearly sixety eight yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am currently in the process of refinancing my one bedroom apartment in Kidwelly and the bank that I am looking to switch to requires at least 85 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 77 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • I have 57 years remaining on my lease of a ground floor flat in Kidwelly, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I have a lease of 62 years remaining on my flat in Kidwelly. 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?
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    Lease Extensions in Kidwelly

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