Tintern Lease Extension - Your Legal Fees Calculator
FAQs concerning Tintern Lease Extensions
I have shares in the freehold of buildings comprising of six flats each. Two of the leaseholders want a lease extension and I'm enquiring about the the process
I have contacted my freeholder to extend my lease for my flat in Tintern. His property lawyers has been in contact concerning costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started January 1985.
My neighbours and I are in a block made up four flats in Tintern and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I would like to know the likely cost and the optimum way to start the lease extension process? I have around 77 years unexpired lease and I own a three bedroom ground floor purpose built maisonette in Tintern.
Regarding a leasehold in Tintern. upper maisonette. sixety five yrs unexpired. I have an agreed lease extension to £12,000 for 135yrs. Freeholder also requested Initial Notice which I think should not be necessary. Can you assist.
We are proceeding with a purchase of a maisonette in Tintern. I was informed that the lease had been extended (71 years unexpired lease prior to extension). The sales particulars stated "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The vendor supposedly has a quote but no funds to extend as a result the flat owner wishes to exchange and use the deposit monies to extend the lease. My question is as the lease hasn't been extended is there not a danger that Lloyds TSB Bank won't lend on a lease?
I am looking to buy a one bed flat in Tintern for asking price of 145k, which has 56 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
I have a leasehold property in Tintern with 61 years left on the lease. I am looking for a conveyancing practitioners to help me achieve a lease extension. Can you assist?
I have a lease of 75 years remaining on my flat in Tintern. 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?