Recently asked questions relating to Aberdare Lease Extensions

  • I just completed on a property in Aberdare and it has around sixety nine years balance left. I'd like to extend the lease period
  • I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has fivety six years outstanding
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 69 years balance left.
  • Do you only advise on lease extensions in Aberdare? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • I am going to purchase a flat located in Aberdare. My offer is subject to the lease extension. The seller’s has served the Notice of Claim. 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
  • Me and my OH are proceeding with a purchase of a three bedroom first floor purpose built flat in Aberdare. I was advised by the EA that the lease extension had already been completed while on a viewing (seventy nine years left prior to extension). The sales particulars 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 homeowner supposedly has a quote but no funds to extend as a result the current owner intends to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Aberdare. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the total cost excluding vat and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my ground floor flat in Aberdare
  • My wife and I are aware that others in the same building previously had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend such a course of action?

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