Frequently asked questions relating to Undy Lease Extensions
I am looking for a solicitors in Undy and they need to be on the Coventry Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
The terms for the lease on my flat in Undy are 95 years from 12 Sep 1988. Please provide me a quote for a lease extension if I give you more details please?
I purchased a studio flat in Undy. I am looking to extend lease on the property. It is circa eighty one years. I would just like to know what your charges are and how long it would take for completion.
I am considering whether to purchase the freehold or a lease extension of my property in Undy and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with Godiva Mortgages Ltd to free up equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease commenced in 1991 and since then the ground rent has been raised from £38.00 per year to £200 per annum.
I am a first time buyer of a leasehold flat in Undy. The lease has just sixety one years balance left and ground rent is £25. Is it possible for the homeowner to serve the Notice of Claim and then assign this right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the owner? Unfortunately the landlord is absent, so I am not sure how does it work.
We are looking to extend our lease having owned the property for 2 years as of 6th March 2016. It has roughly seventy one years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
I am the freeholder of a Victorian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy six years. What are my next steps?
It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my one bedroom apartment in Undy
I have a lease of fivety six years remaining on my flat in Undy. 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?