Questions and Answers: Abersychan Lease Extensions

  • I am looking to extend the lease on my garden flat in Abersychan which will have 65 years remaining in November. What fees do you charge for this?
  • I have got a leasehold flat in the Abersychan area and was wondering whether I could get a lease extension. What are your processes and fees. Has sixety five years unexpired
  • My neighbours and I are in a block containing four flats in Abersychan and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • We own a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Abersychan and looking to do a vesting order. Is this something you can help us with?
  • We have a residential flat in Abersychan with 77 years unexpired. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from nominal to a little more..plus a premium I think of about 9k. We have now decided to go ahead but do we now have to start the negotiations again?
  • Offer accepted on a a garden flat in Abersychan, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are soon to exchange contracts in a couple of days. My question is Should I tell the seller that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I'm intent on acquiring an apartment in Abersychan at a price of £195,000 the flat has approximately sixety eight years remaining on the lease. I put in an offer subject to the lease being extended... .. that was back in November, hoping I'd be in before Christmas. The seller has just come back saying they are willing to knock £3k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • My wife and I are concerned about seeking a lease extension from an objectionable freeholder. Even though the legal procedures were followed under the 1993 Act, the landlord still attempted to charge ground rent of £300 increasing by 100% every twenty years of the new lease. Can you assist?
  • I am currently negotiating a lease extension for my flat in Abersychan 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?
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Abersychan. 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Abersychan

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