Risca Lease Extension - Your Legal Fees Calculator
Sample questions relating to Risca Lease Extensions
We hope to sell our studio flat in Risca but we may require a lease extension, or at least cover the expense of our purchaser. Are you able to help me find a property lawyers to undertake the legal formalities?
I need to talk to you about a flat in Risca, I am considering bidding at auction next month. The flat only has a few years left and I wanted to inquire about how much it would cost to get a lease extension and for your services.
I'm looking for an apartment to buy in Risca and I'm not really familiar with the leasehold concept. I've found a garden flat I like with a 91 years lease. I've read that I can get a lease extension having owned the property for a couple of years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
I am about to view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has fivety five years unexpired on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
I am concerned that my niece is being hoodwinked. She submitted an offer on a ground floor flat in Risca, where the lease is approximately 54 years but she was advised by the selling agents that the vendor had extended it to 99 years. She has now been advised the vendor was waiting for her to instruct conveyancers prior to commencing with the lease extension. Seems underhand, also it will take months to sort it all out. What do you think?
I am a freeholder of a block of flats in Risca, and the tenants are in the process of being granted lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I contact the tax authorities ?
We have a GFF based in Risca. There is 80 years remaining on the lease and we want to extend the lease. What will it likely cost to get a lease extension by, say,ninety years
I'm looking at purchasing a flat in Risca at a price of £256,000 the flat has just under seventy three years unexpired on the lease. I put in an offer conditional upon a lease extension... .. that was back in September, hoping I'd have moved in before now. They have just informed me they'll knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
We know that others in the same block had already had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
I am currently negotiating a lease extension for my flat in Risca 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?