Llanishen Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Llanishen Lease Extensions
I have just completed on a ground floor flat inLlanishen and I'm considering extending the lease as soon as possible e.g. in 24 months of ownership
I'm planning to make an offer on a house in Llanishen but I'm concerned 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 Barclays Direct giving us the mortgage now?
I own a maisonnette and the freehold reversion. My downstairs neighbours have asked to extend the lease what do I need to do?
I am considering bidding for an auction property and found a studio flat in Llanishen. It has just 50 year lease..the current owner being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this except for the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Coventry Building Society?
Me and my sister would like to know the cost of a lease extension valuation for a property based in Llanishen. Is this something you can assist us with?
Me and my wife are hoping to buy a home (a 2 bed flat inLlanishen with share of freehold). During our search, we were always looking at apartments that had at least eighty five years remaining. We found a apartment we liked and the selling agent promised us that the lease term was not an issue. Today our conveyancers told us the lease only has 67 years and therefore requires a lease extension. Should we run away, or do we reduce our offer?
I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Llanishen. I live in the top flat. I was looking at the title deeds today when I noticed that my flat is leasehold. There is seventy nine years outstanding. Can one do a lease extension without using a property lawyers?
I am the freeholder of a property in Llanishen and a leaseholder has requested a lease extension. Her valuer has given a figure of £8,000, but has increased this to £10,000 at the drop of a hat. 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 charges would I be likely to face?
I am currently negotiating a lease extension for my flat in Llanishen as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
We have a garden flat in Llanishen with a lease of sixety seven years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?