Trearddur Bay Lease Extension - Your Legal Fees Calculator
Sample questions relating to Trearddur Bay Lease Extensions
So this is the scenario: I inherited a studio flat in Trearddur Bay that I am finding difficult to sell as a result of the lease needing a lease extension. How long will it take ?
I have an interest in the freehold of buildings comprising of six flats each. 2 of the leaseholders want a lease extension and I'm curious about the the process
I am the owner of a maisonnette and the freehold of both flats. The owners of the downstairs flat have asked to extend the lease what do I need to do?
My mortgage lender is requesting a £450 fee for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Trearddur Bay... I can find no reference of this in my mortgage contract... is this a usual charge?
I am thinking about buying an auction property and found a studio flat in Trearddur Bay. It only has a 41 year lease..the vendor being mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of getting a mortgage with Leeds Building Society?
My lawyers (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?
My husband has a share of freehold, with two other leaseholders in a building in Trearddur Bay. House split into three apartments. He has a lease, which has roughly sixety six years outstanding. 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 am planning to extend the lease on my garden flat in Trearddur Bay I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
I'm looking at acquiring a flat in Trearddur Bay at a price of £210,000 the flat has approximately fivety eight years remaining on the lease. I put in an offer conditional upon the lease being extended... .. that was back in June, expecting I'd have completed before Christmas. The seller has just informed the agent that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
I require an estimate to extend my aunt’s lease on a garden flat in Trearddur Bay. She recently got a price from the freeholder for a lease extension but I am unclear whether it is too high.