Abergavenny Lease Extensions: Q and A’s

  • I need to extend my current lease can you assist? I think it has fivety five years residual lease term
  • I acquired a one bedroom apartment located in Abergavenny with a leasehold unexpired of seventy four years. I am curious about what it will cost me to extend my leasehold
  • I am going to purchase a flat located in Abergavenny. The offer is subject to the lease extension. The current owner’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?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around sixety seven years. I need a at my end. Can you advise please? I live near Abergavenny and have a mortgage with Santander.
  • I have a leasehold property in Abergavenny with 74 years left on the lease. I need a to act for me to get a lease extension. Can you assist?
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Abergavenny. I reside in the upper flat. I was reviewing the title deeds recently when I noticed that my flat is leasehold. There is seventy six years left. If I want a lease extension then would I simply be paying for the costs?
  • I am the freeholder of a property in Abergavenny where the leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to incur?
  • My and my partner know that others in the same building had already had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on previous prices . This would save on double valuation fees. Would you recommend such a course of action?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Abergavenny
  • I'm looking for some advice with regard to a lease extension on my two bedroom ground floor purpose built flat in Abergavenny. I'll be looking to do this sometime next year as we need to move at some point 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. Can you recommend a good who specialises in lease extensions?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Abergavenny