Top Ten Questions relating to Bargoed Lease Extensions

  • I’m just looking for a studio flat to buy in the Bargoed area and was after more information on what the likely fees would be for a lease extension? It has 54 years outstanding...
  • Is it possible to talk with you about a flat in Bargoed, I am thinking of buying at auction next week. The flat only has a few years unexpired lease and I was wondering about how much it would cost to get a lease extension and for your services.
  • I am looking at purchasing an auction property and came upon a studio flat in Bargoed. It has just 41 year lease..the seller as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with Platform Home Loans Ltd?
  • My partner and I have a first floor flat in Bargoed with 71 years unexpired. Ten months ago we were quoted a deal to receive a lease extension for another thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 16k. Finally we have decided to go ahead but do we now have to start the negotiations again?
  • My partner and I have a one bedroom flat based in Bargoed. There is eighty years unexpired on the lease and we want to extend the lease. How much does it cost on average to get a lease extension by, say,45 years
  • I'm living at mother and father but have a three bedroom first floor purpose built maisonette in Bargoed let out which has a fivety five 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 Bargoed 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 21k. Not sure sure whether to hold on or sell the flat?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to acquire in Bargoed. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
  • We are purchasing a maisonette in Bargoed which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our 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 must wait pending registration of the new lease?
  • I am planning on remortgaging my maisonette in Bargoed and the mortgage company that I am looking to switch to requires at least 80 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around seventy years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • I have a lease of 55 years remaining on my flat in Bargoed. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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