Llandyrnog Lease Extension - Your Legal Fees Calculator
Questions and Answers: Llandyrnog Lease Extensions
The intention is to sell our studio flat in Llandyrnog but we may need to extend the lease, or at least cover the costs of our purchaser. Can you help me find a conveyancing practitioners to assist?
I am looking at buying an auction property and found a one bed flat in Llandyrnog. It has just 41 year lease..the current owner as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this except for the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Barclays Direct?
Me and my sister are considering buying a garden flat in Llandyrnog which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
Me and my partner are proceeding with a purchase of a maisonette in Llandyrnog. I was advised that the lease had been lengthened (fivety eight years left prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The homeowner apparently has a quote but no finances to extend as a result the owner intends to exchange and use the 10% deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
I am planning to extend the lease on my studio flat in Llandyrnog I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
I note that your website states the likely fee for dealing with a lease extension is £495. Is that the total cost including value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Llandyrnog
I am the freeholder of a property in Llandyrnog and a leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has upped this to £10,000 without too much effort. My valuer has put forward a much higher figure. She does not appear to wish to negotiate wanting 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 charges would I be likely to incur?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Llandyrnog
I'm looking for some advice with regard to a lease extension on my garden flat in Llandyrnog. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?