Killay Lease Extension - Your Legal Fees Calculator
Sample questions relating to Killay Lease Extensions
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has fivety eight years left.
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 have been in touch with my freeholder for a lease extension for my flat in Killay. His lawyers has been in contact with fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started Septembmer 1987.
I am looking into the costs of carrying out a lease extension for my GFF in Killay, and would like some figures on that.
I am about to view a one bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy seven years remaining on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
I am considering acquiring an auction property and identified a one bed flat in Killay. It has just fifty-one year lease..the seller being mortgagees in possession will not want to mess around with applying for a lease extension..what are the drawbacks of this other than the huge fee to extend the lease and reduced chance of getting a mortgage with Aldermore?
We would like to extend our lease. We will have been in the flat for two years as of 6th May 2015. It has around sixety four years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as is reasonably achievable.
I would like some guidance on leasehold property buying. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Killay area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
Me and my husband have owned a leasehold flat for approximately eighteen years. It now has 55 years remaining on the lease. After a year of difficult negotiations through my lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
I'm living with my mum and dad but have a garden flat in Killay let out which has a 59 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 Killay 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 21k. Not sure sure whether to hold on or sell the flat?