Rudry Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Rudry Lease Extensions
Hello, I stumbled upon your website. I'm looking for prices on what a lease extension will cost for a garden flat located in Rudry. It's on sale at the moment but has circa seventy two years remaining on the lease
I'm about to make an offer on a house in Rudry but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect TSB giving us the mortgage now?
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 61 years outstanding.
I am thinking about whether to purchase the freehold or a lease extension of my property in Rudry and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with TSB to release of equity. The adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease commenced in 1979 and since then the ground rent has increased from £25.00 per year to £300 per annum.
How much will it cost me and what is the best way to get a lease extension started? I have around 77 years remaining on my lease on a maisonette in Rudry. I have called the managing agents who represent the landlord and they provided me with the number of the valuer. I have contacted the valuer but I am not getting any returned calls.
I am looking at buying an auction property and identified a two bed flat in Rudry. It only has a 49 year lease..the seller being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the costly fee to extend the lease and decreased chance of getting a mortgage with Birmingham Midshires?
Me and my partner had entered into buying a studio flat in Rudry. I was told that the lease had been lengthened (sixety eight years left prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The owner supposedly has a quote but no money to extend and consequently the seller wants to exchange and use the 10% deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
It says on your website the anticipated fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my three bed flat in Rudry
My wife and I are in the throws of buying a flat (a garden flat located inRudry with share of freehold). Throughout our search, we were always looking at flats that had a minimum 83 years left on the lease. We came across a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. This morning our solicitors advised us the lease only has 57 years and thus needs a lease extension. Should we walk away, or do we negotiate our offer?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Rudry