Splott Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Splott Lease Extensions
I bought a flat in Splott with a leasehold unexpired around 70 years and need to extend it. Please can you clarify the next steps
My partner has an apartment located in Splott which we are about to put on the market. The leasehold has around seventy four years remaining on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
I'm intending to make an offer on a house in Splott 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 National Westminster Bank giving us the mortgage now?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Splott, and my lease will reach 58 years this May. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
I am about to view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has fivety seven years balance left on the lease. It is also a repo so I'm assuming that the lender will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I commence the process, is this correct?
Me and my fiance would like to know the cost of a lease extension valuation for a property based in Splott. Is this something you can assist us with?
I'm living at parents but have a studio flat in Splott let out which has a sixety 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 Splott 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 19k. Should I keep or sell the flat?
I own the freehold to two flats. Someone has the lease on the garden flat in Splott. I reside in the top flat. I was looking at the land registry documents last night when I noticed that my flat is leasehold. There is sixety three years unexpired. If I want a lease extension then would I simply be paying for the property lawyers costs?
My and my partner know that others in the same building previously had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?