Barry Lease Extensions

Frequently asked questions relating to Barry Lease Extensions

I inherited a flat in Barry with a leasehold unexpired around 66 years and need to extend it. Please can you advise me of the next steps

I have been in touch with my freeholder to extend my lease for my flat in Barry. His has been in contact concerning charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started April 1985.

I inherited a garden flat in Barry. I am looking for a lease extension on the property. It is about eighty years. I would just like to know what your charges are and how long it would take for completion.

I am a freeholder of a block of flats in Barry, and the leaseholders are in the process of being granted lease extensions. I should hopefully get funds within a month or so. How does the tax work, the property is in joint names with my husband ?

I would like some advice on purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing 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 sublet the property?

My brother has a share of freehold, with two other leaseholders in a building in Barry. House split into three apartments. He has a lease, which has nearon 60 years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?

I am hoping to extend the lease on my maisonette in Barry I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.

We have been in discussion with our freeholder after having a valuation on our studio flat in Barry. We have a 69 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Barry

I am planning on refinancing my one bedroom first floor purpose built maisonette in Barry and the bank that I am looking to switch to needs at least 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around fivety four years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension

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