Examples of recent questions relating to Lease Extensions in Abercarn

  • I invested in buying a flat in Abercarn with a leasehold unexpired circa 56 years and need to extend it. Please can you clarify the next stages
  • I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has sixety four years unexpired
  • We purchased a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Abercarn and looking to do a vesting order. Is this something you can help us with?
  • I am looking to buy a one bed flat in Abercarn for asking price of 125k, which has 58 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My conveyancing practitioners (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?
  • I am the freeholder of a 1930’s property split into two flats. 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 67 years. What are my next steps?
  • My wife and I are are hoping to complete on a garden flat in Abercarn which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The seller has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our property lawyers to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must wait pending registration of the new lease?
  • My and my husband know that others in the same building had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • I am currently in the process of remortgaging my garden flat in Abercarn and the bank that I am looking to switch to needs at least 85 years remaining on the lease in order for them to progress matters. We currently have around sixety five years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • We currently own a ground floor flat in Abercarn 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 fivety four years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
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    Lease Extensions in Abercarn

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