Llanallgo Lease Extension - Your Legal Fees Calculator
FAQs concerning Llanallgo Lease Extensions
I bought a garden flat in Llanallgo that I now cannot sell as a result of the lease requiring a lease extension. Can you please help me with this situation ?
I am looking to buy a ground floor flat in Llanallgo with a lease of 71 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I am a FTB of a leasehold flat in Llanallgo. The lease has just fivety six years outstanding and ground rent is £25. Is it possible for the flat owner to serve the Initial Notice and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the 2 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 costly to the seller? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
We are considering purchasing a two bedroom first floor purpose built flat in Llanallgo which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
Me and my sister have owned a leasehold flat for approximately twenty years. It now has 66 years outstanding on the lease. Following 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 advice.
I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 59 years. I need a solicitors at my end. Can you advise please? I live near Llanallgo and have a mortgage with Santander.
I'm living at mum and dad but have a studio flat in Llanallgo let out which has a fivety six 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 Llanallgo 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 13k. Not sure sure whether to hold on or sell the flat?
Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in Llanallgo. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the rear garden.
I am the freeholder of a property in Llanallgo where the leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My valuer has recommended a much higher amount. 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 deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
I am currently negotiating a lease extension for my flat in Llanallgo 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?