Llanwrtyd Wells Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Llanwrtyd Wells Lease Extensions
I own a maisonnette and the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
Think I may have made an error, I am searching for a lawyers in Llanwrtyd Wells who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
I am deliberating whether to purchase the freehold or a lease extension of my property in Llanwrtyd Wells and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Skipton Building Society to release of equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease started in 1991 and since then the ground rent has been raised from £38.00 per year to £300 per year.
How much will it cost me and what is the best way to start the lease extension process? I have just over 68 years left on my lease on a one bedroom apartment in Llanwrtyd Wells. I have called the agent who represent the head landlord and they sent me the number of the valuer. I left a phone message for the surveyor but I am not receiving any returned calls.
My conveyancers (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?
I am looking to extend the lease on my one bedroom ground floor purpose built maisonette in Llanwrtyd Wells I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
My and my husband know that others in the same building previously had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of not having formal survey and base the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?
I am currently negotiating a lease extension for my flat in Llanwrtyd Wells 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?
Do you handle lease extensions on land? (a plot of land in Llanwrtyd Wells with 82yrs remaining)
I have a lease of sixety years remaining on my flat in Llanwrtyd 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?