Margam Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Margam
I'm intending to make an offer on a house in Margam but I'm a little worried 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 Nottingham Building Society giving us the mortgage now?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I plan on buying a flat based in Margam. My offer is subject to the lease extension. The homeowner’s lawyers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Leeds Building Society. Moreover, which are the following lease extension steps to complete the purchase?
Is it possible to talk with you about a leasehold property in Margam, I am thinking of buying at auction in the next few days. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
What will it cost me and what is the best way to get a lease extension started? I have just under 75 years left on my lease on a maisonette in Margam. I have emailed the managing agents who act on behalf of the freeholder and they sent me the number of the valuer. I left a phone message for the valuer but I am not receiving any kind of response.
I have my suspicions that my niece might be having the wool pulled over her eyes. She submitted an offer on a one bedroom apartment in Margam, where the lease is nearon 69 years but she was told by the selling agents that the owner had extended it to 99 years. She has now been advised the seller was holding off for her to retain solicitors before commencing with the lease extension. Sounds unscrupulous, also it may take a while to sort it all out. Am I being too sceptical?
Regarding a leasehold in Margam. GFF maisonette. sixety nine yrs unexpired. I have negotiated a lease extension price of £12,000 for 125yrs. Freeholder also requested Notice of Claim which I think is a tad over the top. Advice required.
Me and my partner have been in discussion with our freeholder after having a valuation on our ground floor flat in Margam. We have a 65 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a solicitors to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
My aunt is aware that others in the same block previously had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
I'm looking for some advice with regard to a lease extension on my maisonette in Margam. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good conveyancing practitioners who specialises in lease extensions?