Porth Lease Extension - Your Legal Fees Calculator
Porth Lease Extensions: Q and A’s
I acquired a flat in Porth with a leasehold unexpired approximately seventy four years and need a lease extension. Please can you clarify the next stages
I need to negotiate a lease extension for a flat in Porth and want to use a local lawyers. Are you able to help me find a conveyancing practitioners?
We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 798 years balance left so a lease extension is not a worry. 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 twenty years without owning the property. Any feedback would be much appreciated.
I have a lease of 58 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I purchased a 2 bed flat in Porth. The lease commenced in 2001 for 99 years. Now I am wanting for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
I am a FTB of a leasehold flat in Porth. The lease has just seventy one years remaining and ground rent is £75. Is it possible for the homeowner to serve the Notice of Claim and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting 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 achievable but will it be very time consuming to the vendor? Unfortunately it’s the case of an absent freeholder, so I am not sure how this will play out.
I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Porth. I would be grateful if you can give me a call when you get a chance to discuss the case.
My husband and I are acquiring a ground floor flat in Porth which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our lawyers to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must be patient until the lease extension has actually been registered before completing.?
I own the freehold reversion of a property in Porth where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to incur?
My wife and I are aware that others in the same block had already had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you suggest this course of action?