Questions and Answers: Aberystwyth Lease Extensions

  • Me and my partner are thinking about a lease extension for our flat based in Aberystwyth and we are confused by the letter that we got from our freehold company. Can you please assist us with this situation?
  • My name´s Freddie. I’m flat hunting in Aberystwyth I'm seeing a maisonette online, with slightly more 62 years remaining, how much does it cost on average to get a lease extension by, say, twenty years?
  • I am looking for a solicitors in Aberystwyth and they need to be on the Alliance & Leicester approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a conveyancers ?
  • I am looking to buy a studio flat in Aberystwyth with a lease of 69 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I am going to purchase a flat based in Aberystwyth. The offer is subject to the lease extension. The vendor’s property lawyers 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 Chelsea Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We bought a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Aberystwyth and are therefore considering the option of a vesting order. Is this something you can help us with?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Aberystwyth and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Barclays to free up equity. My adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1979 and since then the ground rent has increased from £38.00 per annum to £125 per year.
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Aberystwyth. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • My husband and I are acquiring a one bedroom apartment in Aberystwyth which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. The owner has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our solicitors to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to be patient until the lease extension has actually been registered before completing.?
  • We have a maisonette in Aberystwyth with a lease of 67 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Aberystwyth

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