Snowdonia Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Snowdonia Lease Extensions
I own a leasehold flat in the Snowdonia area and was enquiring whether I could get a lease extension. What are your processes and fees. Has sixety five years outstanding
I invested in buying a ground floor flat in Snowdonia with a leasehold unexpired of 56 years. I am wondering about what I will need to spend to extend my leasehold
We hope to sell our ground floor flat in Snowdonia but we may need to extend the lease, or at least cover the expense of our purchaser. Can you suggest a lawyers to undertake the legal formalities?
I'm looking for a flat to purchase in Snowdonia and I'm not really familiar with the leasehold tenure. I've identified a ground floor flat I like with a 91 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender HSBC Bank?
We have a ground floor flat in Snowdonia with sixety five years remaining. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from nominal to £300 per year..plus a premium I think of about 14k. We have now decided to go ahead but do we now have to start the negotiations again?
Me and my wife have been in discussion with our freeholder after having a valuation on our garden flat in Snowdonia. We have a 56 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
My husband and I are are hoping to complete on a ground floor flat in Snowdonia which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our solicitors to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to be patient until the new lease is registered?
My wife and I are aware that others in the same building had already had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?
I have fivety four years remaining on my lease of a ground floor flat in Snowdonia, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
I have a lease of 60 years remaining on my flat in Snowdonia. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?