I have shares in the freehold of buildings comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm wondering about the procedure for this
I'm considering purchasing a one bedroom apartment (leasehold) but the landlord has been absent for nearon 15yrs. I wonder whether it will be cheaper to try to purchase the freehold or to get a lease extension and apply for RTM?
The terms for the lease on my flat in Llangammarch Wells are 99 years from 10 Dec 1988. Can you provide me a quote to extend the lease if I give you more details please?
I am deliberating whether to purchase the freehold or a lease extension of my property in Llangammarch Wells and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Godiva Mortgages Ltd to release of equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease began in 1979 and since then the ground rent has been raised from £15.00 per year to £300 per year.
Regarding a leasehold in Llangammarch Wells. lower maisonette. sixety yrs remaining. I have negotiated a lease extension price of £14k for 135yrs. Freeholder also requested Initial Notice which I think is a tad over the top. Advice required.
We have a first floor flat in Llangammarch Wells with 75 years left. Last year we were quoted a deal to receive a lease extension for another fifty years but also uplift the ground rent from notional to £200 per annum..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to start the negotiations again?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My son has a share of freehold, with two other leaseholders in a building in Llangammarch Wells. House converted into three apartments. He has a lease, which has roughly seventy one years left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
My aunt is aware that others in the same building had already had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend this course of action?
I have a lease of seventy five years remaining on my flat in Llangammarch Wells. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Llangammarch Wells