Machen Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Machen
I’m thinking about a lease extension for our garden flat located in Machen and we are confused by the communication that we received from our landlord company. How long will it take?
I want to buy a leasehold property and lease extension. The seller has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I am about to put an offer in on a garden flat in Machen with a lease of sixety years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I am the registered owner of a one bedroom apartment in Machen. The lease commenced in 1992 for 99 years. Now I am looking for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
I am thinking about whether to purchase the freehold or a lease extension of my property in Machen and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Virgin Money to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1991 and since then the ground rent has been raised from £25.00 per annum to £200 per year.
I have my suspicions that my daughter is being hoodwinked. She put in an offer on a garden flat in Machen, where the lease is around seventy five years but she was advised by the selling agents that the seller had extended it to 99 years. She has now been told the homeowner was holding off for her to retain solicitors prior to commencing with the lease extension. Sounds devious, also it may take a while to sort it all out. Am I being too sceptical?
I am considering purchasing an auction property and identified a one bed flat in Machen. It has just 41 year lease..the seller being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this other than the huge fee to put a new lease on it and decreased chance of getting a mortgage with National Westminster Bank?
I own a purpose-built flat located in a large development in Machen. The leasehold interest in the apartment on a 101 year lease which commenced on 21st January 1972 with a set ground rent of £10 per annum. I wish to obtain a lease extension. Can I talk with someone to go through my options please?
Just been over two years that I have been in my maisonette in Machen. I have sixety nine yrs left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 425k. 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 financing - do they add it to their existing mortgage or pay it out in cash?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Machen