Wenvoe Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Wenvoe
I inherited a property in Wenvoe and it has approximately seventy eight years left. I'd like to arrange a lease extension by twenty years
I am looking for a conveyancers in Wenvoe and they should be on the Barnsley Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
I'm deliberating over purchasing a ground floor flat (leasehold) but the landlord has been absent for around 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to get a lease extension and apply for right to manage?
We are proceeding with a purchase of a garden flat in Wenvoe. I was told that the lease had been extended (64 years left prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The seller apparently has a quote but no finances to extend as a result the homeowner intends to exchange and use the 10% deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?
I intend to buy a one bed flat in Wenvoe for asking price of 156k, which has sixety eight years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. 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?
I'm living at mother and father but have a three bedroom second floor purpose built flat in Wenvoe let out which has a 63 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 Wenvoe 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 19k. Should I keep or sell the flat?
Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in Wenvoe. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.
We have been in discussion with our freeholder after having a valuation on our one bed flat in Wenvoe. We have a 70 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
I am the freeholder of a property in Wenvoe and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to incur?
I am currently negotiating a lease extension for my flat in Wenvoe as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?