Rogerstone Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Rogerstone Lease Extensions
I want to purchase a leasehold property and extend the lease. The owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am a first time buyer of a leasehold flat in Rogerstone. The lease has only 72 years residual lease term and ground rent is £95. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the buyer on the day of completion 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 homeowner? Unfortunately the landlord can not be found, so I am not sure how this will play out.
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
We would like to know the cost of a lease extension valuation for a property based in Rogerstone. Is this something you can assist us with?
It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my ground floor flat in Rogerstone
I own the freehold of a couple of flats. Someone has the lease on the ground flat in Rogerstone. I occupy in the top flat. I was reviewing the title deeds yesterday when I noticed that my flat is leasehold. There is 74 years left. If I want to do a lease extension then would I just be paying for the solicitors charges?
I own the freehold reversion of a property in Rogerstone and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
I am currently in the process of refinancing my ground floor flat in Rogerstone and the new lender that I am looking to switch to needs at least 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 77 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bed flat in Rogerstone