Recently asked questions relating to Aberdare Lease Extensions

  • I own a leasehold flat in the Aberdare area and was enquiring whether I could get a lease extension. What are your processes and charges. Has 71 years unexpired
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 899 years unexpired so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.
  • I have a lease of 78 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I'm deliberating over purchasing a one bedroom first floor purpose built flat (leasehold) but the landlord has been missing for about 15yrs. I wonder whether it will be cheaper to try to acquire the freehold or to extend lease and apply for right to manage?
  • Re a property in Aberdare. upper maisonette. seventy five yrs remaining. I have negotiated a lease extension price of £20k for 115yrs. Landlord also insisted on Section 42 Notice which I think should not be necessary. Can you assist.
  • We would like to extend our lease. We will have been in the flat for 2 years as of 13th May 2016. It has just over 70 years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as possible.
  • I'm living at parents but have a two bedroom first floor purpose built maisonette in Aberdare let out which has a 75 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 Aberdare 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. Not sure sure whether to hold on or sell the flat?
  • I know that others in the same building had already had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you suggest such a course of action?
  • I am planning on refinancing my maisonette in Aberdare and the bank that I am looking to switch to needs a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around seventy five years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
  • I have 60 years remaining on my lease of a ground floor flat in Aberdare, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
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    Lease Extensions in Aberdare

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