Mid Wales Lease Extension - Your Legal Fees Calculator
Mid Wales Lease Extensions Example Support Desk Enquiries
Me and my fiance are thinking about a lease extension for our ground floor flat located in Mid Wales and we are confused by the communication that we received from our freehold company. What's your solicitors fee?
I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leasehold owners want a lease extension and I'm enquiring about the procedure for this
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 am a first time buyer of a leasehold flat in Mid Wales. The lease has only 77 years left and ground rent is £95. Is it possible for the vendor to serve the Section 42 Notice and then assign over the right to me as the purchaser on the day of completion so that I don't have to wait for the two 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 current owner? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
I am concerned that my daughter might have had the wool pulled over her eyes. She put in an offer on a maisonette in Mid Wales, where the lease is just under seventy eight years but she was advised by the estate agents that the vendor had extended it to 99 years. She has now been informed the current owner was holding off for her to instruct conveyancers prior to commencing with the lease extension. Sounds devious, also it will take a while to sort it all out. Am I being too sceptical?
My partner and I have a residential flat in Mid Wales with 60 years left. Last year we were quoted a deal to receive a lease extension for another 25 years but also uplift the ground rent from notional to £250 per annum..plus a premium I think of about 16k. Finally we have decided to move forward but do we now have to renegotiate?
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
I have a leasehold property in Mid Wales with 71 years left on the lease. I am looking for a conveyancing practitioners to act for me to achieve a lease extension. Can you assist?
I require an estimate to extend my aunt’s lease on a garden flat in Mid Wales. She already has a figure from the landlord for a lease extension but I am far from certain if it is too expensive.
I am currently negotiating a lease extension for my flat in Mid Wales 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?