Montgomery Lease Extension - Your Legal Fees Calculator
Questions and Answers: Montgomery Lease Extensions
Think I may have made a mistake, I am seeking a property lawyers in Montgomery who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
I am looking into the costs of carrying out a lease extension for my studio flat in Montgomery, and would like some figures on that.
I need to talk to you about a flat in Montgomery, I am thinking of bidding at auction next month. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
I am looking to either purchase the freehold or a lease extension of my property in Montgomery and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Skipton Building Society to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease commenced in 1981 and since then the ground rent has increased from £25.00 per annum to £100 per year.
I will soon view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has fivety five years remaining on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
I own a share of the freehold. There are three flats in the building. All the leaseholders are now requiring lease extensions. How long will take to get a lease extension?
My wife and I are proceeding with a purchase of a garden flat in Montgomery. I was advised that the lease had been lengthened (65 years outstanding prior to extension). The sales particulars stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The vendor apparently has a quote but no money to extend as a result the owner wants to exchange and use the my deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?
I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Montgomery. I would be grateful if you can give me a call when you get a chance to discuss the case.
I own the freehold of a couple of flats. Someone has the lease on the lower flat in Montgomery. I reside in the upper flat. I was looking at the title deeds yesterday when I noticed that my flat is leasehold. There is sixety three years left on the lease. If I want a lease extension then would I just be paying for the conveyancing practitioners charges?
I am currently negotiating a lease extension for my flat in Montgomery 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?