Taffs Well Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Taffs Well Lease Extensions
My wife and I are seeking a lease extension for our apartment based in Taffs Well and we are confused by the letter that we received from our freehold company. How long will it take?
So this is the scenario: I invested in buying a three bedroom first floor purpose built maisonette in Taffs Well that I now cannot sell as a result of the lease needing a lease extension. Are you willing to help me with this situation ?
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety years unexpired.
I would like to have my residential flat leasehold extension premium assessed. The flat is in Taffs Well, and my lease will reach 60 years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
We have a leasehold flat in Taffs Well with 70 years remaining. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also uplift the ground rent from nominal to £300 per annum..plus a premium I think of approximately 16k. Finally we have decided to move forward but do we now have to renegotiate?
My brother has a share of freehold, with two other leaseholders in a building in Taffs Well. House converted into three apartments. He has a lease, which has nearon seventy years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
I'm living with my parents but have a one bedroom apartment in Taffs Well let out which has a sixety three 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 Taffs Well 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. Not sure sure whether to hold on or sell the flat?
I am currently in the process of refinancing my studio flat in Taffs Well and the bank that I am looking to move to needs at least 85 years on the leasehold of my property in order for them to progress matters. We currently have around sixety four years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
I have 77 years remaining on my lease of a ground floor flat in Taffs Well, 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 am currently negotiating a lease extension for my flat in Taffs Well as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?