Porthmadog Lease Extension - Your Legal Fees Calculator
Porthmadog Lease Extensions: Q and A’s
My fiance agreed with the head landlord to a lease extension on our flat located in Porthmadog, 7k for an extension by 90yrs. How long will it take ?
Hello, I am looking somewhere around or in Porthmadog 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
I inherited a property in Porthmadog and it has circa fivety eight years left. I'd like to extend the lease period
I have got a leasehold flat in the Porthmadog area and was wondering whether I could get a lease extension. What are your processes and charges. There are 79 years unexpired
I need to extend my existing lease can you help me with that? I think it has 62 years left
I have a share of the freehold. There are five apartments in the block. All the leaseholders are now looking for lease extensions. What's your solicitors fee?
We are looking to extend our lease. We will have been in the flat for two years as of 11th Jan 2016. It has around 75 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
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?
Coming up to 2 years that I have owned my maisonette in Porthmadog. I have 55 years unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Porthmadog based lawyers or any will do fine?
I am currently negotiating a lease extension for my flat in Porthmadog 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?