Snowdonia Lease Extension - Your Legal Fees Calculator
Snowdonia Lease Extensions: Q and A’s
The terms for the lease on my flat in Snowdonia are 95 years from 1 Feb 1980. Can you supply me me a quote for a lease extension if I give you more information please?
I am about to view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 70 years remaining on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
I am a first time buyer of a leasehold flat in Snowdonia. The lease has just 61 years unexpired and ground rent is £95. Is it possible for the current owner to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the two 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 achievable but will it be very time costly to the seller? To add to the complexity it’s the case of an missing freeholder, so I am not sure how does it work.
I would like some advice on leasehold property buying. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Snowdonia area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
I'm living with my mum and dad but have a two bedroom second floor purpose built maisonette in Snowdonia let out which has a sixety six 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 Snowdonia 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 21k. Not sure sure whether to hold on or sell the flat?
Just been over two years that I have owned my maisonette in Snowdonia. I have seventy nine years unexpired lease on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my one bedroom apartment in Snowdonia
I'm seeking some advice with regard to extending the lease on my flat. I'll be looking to do this next winter as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
I have 71 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 too high
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Snowdonia