Barry Lease Extensions

Barry Lease Extensions Example Support Desk Enquiries

So this is the scenario: I invested in buying a garden flat in Barry that I am now unable to sell as a result of the lease requiring a lease extension. How long will it take ?

I bought a property in Barry and it has about 79 years residual lease term. I'd like to extend the lease period

I have contacted my freeholder for a lease extension for my flat in Barry. Her property lawyers has been in contact concerning charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started March 1984.

We are in a building containing five flats in Barry and have been offered to buy the freehold for 5k 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?

I am a landlord of a block of flats in Barry, and the tenants are in the process of being issued lease extensions. I anticipate receiving the money within a month or so. How does the tax work, the property is in joint names with my husband ?

My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I would like some advice on purchasing a leasehold residence. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Barry area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?

My OH and I are hoping to purchase a property (a one bedroom apartment located inBarry with share of freehold). During our search, we were always looking at flats that had at least 83 years left. We came across a place we fell in love with and the selling agent promised us that the lease term was not an issue. This morning our solicitors told us the lease only has 79 years and thus requires a lease extension. Should we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

I'm looking for some assistance with regard to extending the lease on my flat. The plan is to do this sometime next year as we need to move 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 LVT 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?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Barry

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