Tywyn Lease Extension - Your Legal Fees Calculator
Questions and Answers: Tywyn Lease Extensions
I have shares in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm curious about the the process
I'm wanting to make an offer on a house in Tywyn 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 Leeds Building Society giving us the mortgage now?
We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years balance left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
I plan on buying a flat based in Tywyn. The offer is conditional upon a lease extension. The flat owner’s solicitors has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Godiva Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Tywyn and are therefore thinking about the option of a vesting order. Is this something you can help us with?
Last year I purchased a leasehold apartment in Tywyn. I have built a big extension and have not informed the freeholder. What are my options?
I am hoping to extend the lease on my maisonette in Tywyn I am looking for help to verify 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 living with my mum and dad but have a one bedroom second floor purpose built flat in Tywyn 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 Tywyn 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 21k. Not sure sure whether to hold on or sell the flat?
I have a flat in Tywyn with 54 years left on the lease. I need a lawyers to act for me to get a lease extension. Can you assist?
We currently own a garden flat in Tywyn and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety five years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?