Rogerstone Lease Extension - Your Legal Fees Calculator
Common questions relating to Rogerstone Lease Extensions
I am interested in getting a lease extension for a flat in Rogerstone and want to use a local property lawyers. Are you able to help me find a lawyers?
We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not required. 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 25 years without owning the property. Any feedback would be much appreciated.
I would like to have my residential flat leasehold extension premium assessed. The flat is in Rogerstone, and my lease will reach sixety one years this Septembmer. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
I'm looking for a flat to buy in Rogerstone and I'm not really familiar with the leasehold concept. I've identified a place I like with a 82 years lease. My research reveals that I can get a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
I am a first time buyer of a leasehold flat in Rogerstone. The lease has only 74 years residual lease term and ground rent is £95. Is it possible for the vendor to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 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 is legal but will it be very time consuming to the owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.
I would like to know how much it would cost and the optimum way to get a lease extension started? I have nearon sixety one years left and I own a maisonette in Rogerstone.
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?
I am planning on remortgaging my one bedroom apartment in Rogerstone and the bank that I am looking to move to requires a minimum 85 years on the leasehold of my property in order for them to progress matters. We currently have around seventy one years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
We currently own a one bedroom apartment in Rogerstone and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 65 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Rogerstone 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?