Llanrumney Lease Extension - Your Legal Fees Calculator
Sample questions relating to Llanrumney Lease Extensions
I agreed with the head landlord to a lease extension on our flat based in Llanrumney, 9.5k for another 90yrs. Can you please assist us with this situation ?
My name´s Leon. I’m house hunting in Llanrumney I'm considering offering on a garden flat online, with slightly more 71 years outstanding, how much does it cost on average to extend in this location by, say, thirty years?
I need to negotiate a lease extension for a flat in Llanrumney and want to use a local conveyancers. Is there a conveyancing practitioners that you can recommend?
We are in a block comprising three flats in Llanrumney and have been offered to buy the freehold for £3,500 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?
I need to talk to you about a flat in Llanrumney, I am considering bidding at auction next week. The flat only has a few years remaining and I wanted to inquire about what it would cost to get a lease extension and for your services.
I am about to view a one bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 58 years balance left on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
We have a leasehold flat in Llanrumney with sixety five years left. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from nominal to £300 per annum..plus a premium I think of approximately 14k. Finally we have decided to proceed but do we now have to start the negotiations again?
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?
We are in the throws of buying a home (a three bedroom second floor purpose built flat located inLlanrumney with share of freehold). Throughout our search, we were always looking at properties that had at least 84 years balance left. We found a apartment we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our conveyancing practitioners told us the lease only has seventy two years and therefore needs a lease extension. Do we walk away, or do we reduce our offer?
I am currently negotiating a lease extension for my flat in Llanrumney 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?