Pontypool Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Pontypool Lease Extensions
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has fivety six years left.
We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not required. 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any feedback would be much appreciated.
The terms for the lease on my flat in Pontypool are 95 years from 14 Jan 1988. Can you supply me me a quote for a lease extension if I give you more details please?
I am looking to either purchase the freehold or a lease extension of my property in Pontypool and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Accord Mortgages Ltd to free up equity. My adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease started in 1981 and since then the ground rent has increased from £38.00 per annum to £200 per year.
I wondered if you could help me on how much it would charges and the best way to start the lease extension process? I have nearly 76 years outstanding and I own a one bed flat in Pontypool.
I am concerned that my daughter might be having the wool pulled over her eyes. She put in an offer on a ground floor flat in Pontypool, where the lease is about sixety eight years but she was informed by the selling agents that the homeowner had extended it to 125 years. She has now been informed the current owner was holding off for her to appoint lawyers before commencing with the lease extension. Seems devious, also it may take time to sort it all out. What do you think?
Regarding a property in Pontypool. lower maisonette. 70 yrs left. I have an agreed lease extension to £14k for 115yrs. Landlord also insisted on Section 42 Notice which I think should not be required. Advice required.
My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I am currently in the process of remortgaging my 2 bed flat in Pontypool and the new lender that I am looking to move to requires at least 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around seventy one years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
Do you handle lease extensions on land? (a plot of land in Pontypool with 82yrs remaining)