Old St Mellons Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Old St Mellons
I’m looking for lease extension for our flat in Old St Mellons and we are confused by the communication that we received from our landlord company. How long will it take?
I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 63 years balance left
I am looking to buy a studio flat in Old St Mellons with a lease of fivety seven years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
Is it possible to talk with you about a leasehold property in Old St Mellons, I am considering bidding at auction next week. The flat only has a few years remaining and I wanted to inquire about how much it would cost to get a lease extension and for your services.
I am a FTB of a leasehold flat in Old St Mellons. The lease has just 65 years balance left and ground rent is £50. Is it possible for the owner to serve the Initial Notice and then transfer over the right to me as the buyer once I complete the buying process so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the vendor? Unfortunately the landlord is absent, so I am not sure how does it work.
I have my suspicions that my niece is being hoodwinked. She submitted an offer on a maisonette in Old St Mellons, where the lease is just over 77 years but she was advised by the selling agents that the seller had extended it to 99 years. She has now been told the flat owner was holding off for her to appoint conveyancers ahead of instigating the lease extension. Seems odd to me, also it may take time to sort it all out. What do you think?
We have owned a leasehold flat for around twenty years. There are seventy years left on the lease. Following a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
If somebody owns a flat with a lease of less than 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 extending the lease?
I have 71 years remaining on my lease of a ground floor flat in Old St Mellons, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
I am currently negotiating a lease extension for my flat in Old St Mellons 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?