Magor Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Magor Lease Extensions
I am fairly sure that our solicitors has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint
I'm intending to make an offer on a house in Magor 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 Chelsea Building Society giving us the mortgage now?
We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years unexpired so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any guidance would be much appreciated.
My father has a share of freehold, with two other leaseholders in a building in Magor. House divided into three flats. He has a lease, which has slightly less than 75 yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
My fiance and I would like to know the cost of a lease extension valuation for a property based in Magor. Is this something you can assist us with?
I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Magor. I would be grateful if you can give me a call when you get a chance to discuss the case.
If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Magor
I'm intent on purchasing an apartment in Magor valued at £195,000 the flat has something like 75 years remaining on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in November, hoping I'd have completed by now. The owner has just informed the agent they'll reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
I am planning on remortgaging my studio flat in Magor and the mortgage company that I am looking to move to needs at least 85 years remaining on the lease in order for them to progress matters. We currently have around 66 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension