Rhosesmor Lease Extension - Your Legal Fees Calculator
Questions and Answers: Rhosesmor Lease Extensions
I am the registered owner of a property in Rhosesmor and it has circa 61 years left. I'd like to extend the lease period
I am looking at investing in a second home but it has a lease that expires in fifteen years. Its in Rhosesmor - I wanted to see if with your services this could be extended?
We acquired a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Rhosesmor and are therefore deliberating the option of a vesting order. Is this something you can do for us?
I am a FTB of a leasehold flat in Rhosesmor. The lease has only fivety eight years balance left and ground rent is £50. Is it possible for the vendor to serve the Section 42 Notice and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting 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 current owner? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
My brother and I have owned a leasehold flat for about fifteen years. It now has 66 years left on the lease. After a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome advice.
I'm living at mum and dad but have a garden flat in Rhosesmor let out which has a seventy nine year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Rhosesmor for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
Coming up to 2 years that I have been in my maisonette in Rhosesmor. I have 79 yrs remaining on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Rhosesmor. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
I'm hoping for some help concerning a lease extension on my maisonette. The intention is to do this sometime next year as we need 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
I am currently negotiating a lease extension for my flat in Rhosesmor 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?