Top Ten Questions relating to Bassaleg Lease Extensions

  • So this is the scenario: I bought a one bed flat in Bassaleg that I am finding difficult to sell as a result of the lease requiring a lease extension. What's your legal fee ?
  • I have got a leasehold flat in the Bassaleg area and was curious if I could get a lease extension. What are your processes and fees. Has 66 years residual lease term
  • I am considering investing in a second home but it has a lease that expires in 14 years. Its in Bassaleg - I wanted to see if with your services this could be extended?
  • I own a leasehold apartment in Bassaleg. I have built a large extension and have not informed my freeholder. What are my options?
  • I'm looking for a flat to purchase in Bassaleg and I'm not really familiar with the leasehold concept. I've identified a place I like with a 90 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Is this a given?
  • I am a freeholder of a block of flats in Bassaleg, and the leaseholders are in the process of being given lease extensions. I should hopefully get funds next month. Are there any tax implications, the property is co-owned with my wife ?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • We know that others in the same block had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?
  • I have fivety four years remaining on my lease of a ground floor flat in Bassaleg, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • Do you handle lease extensions on land? (a plot of land in Bassaleg with 82yrs remaining)

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    Lease Extensions in Bassaleg

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