Llanfechain Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Llanfechain Lease Extensions
I want to purchase a leasehold property and lease extension. The vendor has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
My neighbours and I are in a building of three flats in Llanfechain and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
We invested in buying a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Llanfechain and looking to do a vesting order. Is this something you can handle for us?
I am a FTB of a leasehold flat in Llanfechain. The lease has only seventy years remaining and ground rent is £75. Is it possible for the current owner to serve the Notice of Claim and then assign over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year requisite 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 owner? Unfortunately the freeholder is absent, so I am not sure how does it work.
My partner and I have a residential flat in Llanfechain with 71 years to run. Last year we were quoted a deal to grant a lease extension for another thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 16k. Finally we have decided to go ahead but do we now have to renegotiate?
My husband and I are considering purchasing a studio flat in Llanfechain which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
I am in need of a lease extension for my flat in Llanfechain and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
My OH and I have been in discussion with our freeholder after having a valuation on our garden flat in Llanfechain. We have a sixety two year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
I am the freeholder of a property in Llanfechain and a leaseholder would like a lease extension. Her valuer has suggested a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer has recommended a much higher premium. 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 armed with the valuations I have? If not, what fee would I be likely to face?