Llangollen Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Llangollen
I'm about to make an offer on a house in Llangollen but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Ireland giving us the mortgage now?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Llangollen, and my lease will reach 72 years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
I have been in touch with my freeholder for a lease extension for my flat in Llangollen. Her conveyancing practitioners has been in contact regarding fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started March 1985.
I invested in buying a garden flat in Llangollen. The start date for the lease was in 1997 for 99 years. Now I am wanting to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
I am looking to either purchase the freehold or a lease extension of my property in Llangollen and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Birmingham Midshires to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has increased from £25.00 per year to £300 per year.
We are proceeding with a purchase of a garden flat in Llangollen. I was advised by the EA that the lease extension had already been completed while on a viewing (71 years remaining prior to extension). The sales particulars 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 vendor apparently has a quote but no finances to extend and consequently the seller wants 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 Godiva Mortgages Ltd won't lend on a lease?
My solicitors (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 husband has a share of freehold, with two other leaseholders in a building in Llangollen. House converted into three apartments. He has a lease, which has nearon 67 yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
I am hoping to extend the lease on my studio flat in Llangollen I am looking for help to verify the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
My partner and I are buying a studio flat in Llangollen which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our property lawyers to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to be patient until the lease extension has actually been registered before completing.?