FAQs concerning Kidwelly Lease Extensions

  • So this is the scenario: I inherited a three bedroom second floor purpose built maisonette in Kidwelly that I now cannot sell as a result of the lease requiring a lease extension. What's your solicitors fee ?
  • I have a lease of fivety nine years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I need to talk to you about a leasehold property in Kidwelly, I am considering buying at auction next month. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
  • My husband and I have a first floor flat in Kidwelly with 56 years to run. Last year we were quoted a deal to receive a lease extension for a further fifty years but also increase ground rent from notional to a little more..plus a premium I think of approximately 16k. We have now decided to proceed but do we now have to renegotiate?
  • Me and my fiance are considering purchasing a one bedroom apartment in Kidwelly which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I am in need of a lease extension for my flat in Kidwelly and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I'm living at mother and father but have a three bed flat in Kidwelly let out which has a fivety eight 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 Kidwelly 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 19k. Not sure sure whether to hold on or sell the flat?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Kidwelly for a three bed flat - sec 42 having been issued?
  • I am the freeholder of a property in Kidwelly and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Kidwelly

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Kidwelly