Saundersfoot Lease Extension - Your Legal Fees Calculator
Saundersfoot Lease Extensions: Q and A’s
20,000 agreed with the freeholder, just attempting to find a Saundersfoot conveyancing practitioners for a lease extension. Our lease has nearon 60 yrsremaining. How long will this take ?
My wife has a flat located in Saundersfoot which we have just put on the market. The leasehold has approximately 54 years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
I purchased a one bedroom ground floor purpose built maisonette in Saundersfoot. The start date for the lease was in 1998 for 99 years. Now I am wanting to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
My co-lessees and I are in a block containing four flats in Saundersfoot and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am looking to either purchase the freehold or a lease extension of my property in Saundersfoot and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Norwich and Peterborough Building Society to free up equity. My broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per year to £200 per annum.
I'm looking for a flat to buy in Saundersfoot and I'm not really familiar with the leasehold tenure. I've identified a maisonette I like with a 91 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Is this a given?
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 own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 56 years. I need a solicitors at my end. Can you advise please? I live near Saundersfoot and have a mortgage with Barclays .
I'm living with my mum and dad but have a maisonette in Saundersfoot let out which has a 62 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 Saundersfoot 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 13k. Not sure sure whether to hold on or sell the flat?
My wife and I are aware that others in the same building had already had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you recommend such a course of action?