Llanidloes Lease Extension - Your Legal Fees Calculator
Questions and Answers: Llanidloes Lease Extensions
So this is the scenario: I bought a one bedroom apartment in Llanidloes that I am finding difficult to sell due to the lease requiring a lease extension. How long will it take ?
I need to extend my existing lease can you assist? I think it has sixety one years left
I am about to put an offer in on a one bedroom apartment in Llanidloes with a lease of fivety six years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
The terms for the lease on my apartment in Llanidloes are 95 years from 10 Jan 1990. Can you supply me me a quote to extend the lease if I give you more specifics please?
We have a residential flat in Llanidloes with 58 years remaining. Last year we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 16k. We have now decided to go ahead but do we now have to start the negotiations again?
Coming up to 2 years that I have owned my studio flat in Llanidloes. I have fivety eight yrs unexpired lease on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Llanidloes for a two bed flat - sec 42 having been issued?
I own the freehold reversion of a property in Llanidloes and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this to £10,000 without too much effort. My surveyor has suggested a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
We currently own a garden flat in Llanidloes and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 67 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?