Questions and Answers: Bassaleg Lease Extensions

  • 35k agreed with the freeholder, just attempting to find a Bassaleg for a lease extension. Our flat has around 63 yearsremaining. How long will this take ?
  • So this is the scenario: I bought a garden flat in Bassaleg that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has 64 years left
  • I'm intending to make an offer on a house in Bassaleg but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Leeds Building Society giving us the mortgage now?
  • I am the owner of a maisonnette together with the freehold of both flats. My downstairs neighbours have asked to extend the lease what do I need to do?
  • I am looking to either purchase the freehold or a lease extension of my property in Bassaleg and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Bank of Ireland to free up equity. My adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease began in 1972 and since then the ground rent has increased from £38.00 per annum to £100 per annum.
  • We have a first floor flat in Bassaleg with 70 years to run. Last year we were quoted a deal to receive a lease extension for a further fifty years but also increase ground rent from notional to a little more..plus a premium I think of approximately 9k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • I own a share of the freehold. There are three flats in the block. All the leaseholders are now seeking lease extensions. What's your legal fee?
  • I am looking to extend the lease on my maisonette in Bassaleg 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.
  • I am the registered freeholder to two flats. Someone has the lease on the garden flat in Bassaleg. I live in the upper flat. I was looking at the title deeds recently when I noticed that my flat has a lease on it. There is 58 years residual lease term. If I want a lease extension then would I simply be paying for the fees?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bassaleg