Recently asked questions relating to Usk Lease Extensions
My name´s Eli. I’m house hunting in Usk I'm thinking about offering on a two bedroom second floor purpose built maisonette online, with approximately 78 years unexpired lease, how much does it cost on average to extend in this area by, say, thirty years?
I am looking into the costs of carrying out a lease extension for my one bedroom ground floor purpose built maisonette in Usk, and would like some figures on that.
Is it possible to talk with you about an apartment in Usk, I am considering buying at auction next week. The flat only has a few years left and I wanted to inquire about how much it would cost to get a lease extension and for your services.
I am looking to either purchase the freehold or a lease extension of my property in Usk and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a refinance with Nationwide Building Society to release of equity. The adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £25.00 per annum to £200 per annum.
Are you able to advise on the likely financials and the best way to get a lease extension started? I have circa seventy nine years unexpired lease and I own a studio flat in Usk.
I am a freeholder of a block of flats in Usk, and the tenants are in the process of being given lease extensions. I should hopefully get the money within a month or so. As I am not on self assessment do I write to the tax man ?
I am looking at purchasing an auction property and identified a one bed flat in Usk. It has just 48 year lease..the vendor as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and decreased chance of getting a mortgage with Godiva Mortgages Ltd?
I am the registered freeholder to two flats. Someone has the lease on the ground flat in Usk. I live in the upper flat. I was reviewing the title deeds yesterday when I noticed that my flat has a lease on it. There is 79 years residual lease term. If I want a lease extension then would I simply be paying for the fees?
I'm hoping for some assistance concerning extending the lease on my flat. I'll be looking to do this in six months time as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
I have a lease of 77 years remaining on my flat in Usk. 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?
Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Usk