St Mellons Lease Extension - Your Legal Fees Calculator
FAQs concerning St Mellons Lease Extensions
My name´s Ben. I’m house hunting in St Mellons I'm considering offering on a one bedroom second floor purpose built flat online, with around fivety four years left, how much will it likely cost to extend in this location by, say, 45 years?
I am interested in getting a lease extension for a flat in St Mellons and want to use a local conveyancing practitioners. Is there a conveyancing practitioners that you can recommend?
I am looking to either purchase the freehold or a lease extension of my property in St Mellons and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Barclays Direct to release of equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease started in 1981 and since then the ground rent has increased from £38.00 per annum to £200 per annum.
My apartment in St Mellons is up for sale and I have a hopefully firm offer. There is eighty one years unexpired on the lease and I want to extend the lease. How much will it likely cost to extend in this location by, say,ninety years
My conveyancing practitioners (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?
Me and my OH have owned a leasehold flat for about twenty years. It now has fivety nine years left on the lease. After a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
We would like to know the cost of a lease extension valuation for a property based in St Mellons. Is this something you can assist us with?
I own the freehold reversion of a property in St Mellons where the leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My surveyor has recommended a much higher amount. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
I am worried about seeking a lease extension from an objectionable freeholder. Even though the correct procedures were adhered to under the 1993 Act, the landlord still tried to get ground rent of £300 doubling every twenty years of the new term. Can you assist?
My and my partner know that others in the same building previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?