Abertridwr Lease Extensions

Abertridwr Lease Extensions: Q and A’s

Me and my fiance are looking for lease extension for our flat based in Abertridwr and we don't fully comprehend the communication that we got from our landlord company. Are you willing to assist us with this situation?

We agreed with the freeholder for a lease extension on our flat in Abertridwr, 15k for an additional 90yrs. How long is the process ?

So this is the scenario: I acquired a studio flat in Abertridwr that I am now unable to sell due to the lease needing a lease extension. How long will it take ?

My name´s Nathan. I’m flat hunting in Abertridwr I'm considering offering on a studio flat online, with approximately 73 years remaining, how much does it cost on average to extend in this area by, say, fifty years?

Hi, I just randomly found your website. I'm seeking prices on what it cost to extend a lease of a studio flat located in Abertridwr. It's up for sale at the moment but has nearon 75 years left on the lease

I'm planning to make an offer on a house in Abertridwr but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Santander giving us the mortgage now?

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

My OH and I are considering buying a one bedroom apartment in Abertridwr which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from extending the lease?

We have owned a leasehold flat for around eighteen years. It now has sixety three years outstanding on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome advice.

If somebody 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?

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