Ponthir Lease Extension - Your Legal Fees Calculator
Sample questions relating to Ponthir Lease Extensions
We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years unexpired so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any suggestions would be much appreciated.
Do you only undertake lease extensions in Ponthir? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a lawyers.
I am going to purchase a flat in Ponthir. My offer is conditional upon a lease extension. The owner’s conveyancing practitioners has served 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 Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
I am looking to either purchase the freehold or a lease extension of my property in Ponthir and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Barclays Direct to release of equity. My adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease began in 1981 and since then the ground rent has increased from £15.00 per year to £100 per annum.
Ref a residence in Ponthir. upper maisonette. 67 yrs left. I have negotiated a lease extension price of £12,000 for 115yrs. Freeholder also requested Section 42 Notice which I think is a tad over the top. Advice required.
I am the freeholder of a 1930’s property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety six years. What are my next steps?
I am the freeholder of a property in Ponthir where the leaseholder would like a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this to £10,000 without too much effort. My surveyor has put forward a much higher premium. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
I'm looking for some help concerning a lease extension on my flat. The intention is to do this in nine months time as we have to move 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. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
I am worried about obtaining a lease extension from a difficult landlord. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the freeholder still attempted to get ground rent of £300 doubling every 25 years of the new lease. Can you help?
I'm looking for some advice with regard to a lease extension on my one bed flat in Ponthir. 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 solicitors who specialises in lease extensions?