Questions and Answers: Bassaleg Lease Extensions

  • My name´s Kyle. I’m house hunting in Bassaleg I'm thinking about offering on a ground floor flat online, with about 67 years remaining, how much does it cost on average to extend in this area by, say, 45 years?
  • Hello, I stumbled across this site. I'm looking for prices on what it cost to extend a lease of a a property in Bassaleg. It's up for sale at the moment but has slightly more than sixety six years outstanding on the lease
  • Hello, I am looking somewhere around or in Bassaleg 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. Two of the leasehold owners want to extend their leases and I'm curious about the the process
  • My partner has an apartment located in Bassaleg which we are about to put on the market. The leasehold has circa sixety two years outstanding on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
  • We wish to extend our lease. We will have been in the property for two years as of 1st March 2015. It has slightly more than 58 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as is reasonably achievable.
  • I would like some advice on leasehold property buying. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Bassaleg area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Bassaleg
  • We are worried about getting a lease extension from an objectionable landlord. Notwithstanding that the legal procedures were followed under the appropriate legislation, the freeholder still attempted to get ground rent of £250 increasing by 100% every twenty years of the new term. Can you assist?
  • I am currently negotiating a lease extension for my flat in Bassaleg as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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