Margam Lease Extension - Your Legal Fees Calculator
Common questions relating to Margam Lease Extensions
My partner has a flat located in Margam which we have just put on the market. The leasehold has circa seventy six years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
I'm thinking of purchasing a one bed flat (leasehold) but the landlord has been absent for roughly 15yrs. My query is would it be less expensive to try to buy the reversionary title or to extend lease and apply for RTM?
I am a first time buyer of a leasehold flat in Margam. The lease has only seventy nine years outstanding and ground rent is £25. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the flat owner? To add to the complexity it’s the case of an missing landlord, so I am not sure how does it work.
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 around 69 years but she was told by the estate agents that the vendor had extended it to 125 years. She has now been told the homeowner was holding off for her to instruct solicitors ahead of instigating the lease extension. Seems devious, also it could take months to sort it all out. What do you think?
My mortgage lender requires a £600 fee for their conveyancing practitioners to agree a lease extension for my flat in Margam... I am unable to find any reference of this in my mortgage guide... is this a standard charge?
I am thinking about buying an auction property and found a studio flat in Margam. It has just 50 year lease..the seller being mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of getting a mortgage with Nottingham Building Society?
My wife and I are considering buying a ground floor flat in Margam which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Margam. I would be grateful if you can give me a call when you get a chance to discuss the case.
Are you able to provide an estimate to extend my mother’s lease on a garden flat in Margam. She recently got a price from the freeholder for a lease extension but I am far from certain if it is too high.
I was hoping you might be able to tell me the process of how to apply for a lease extension for my two bedroom first floor purpose built maisonette in Margam