Frequently asked questions relating to Bedwas Lease Extensions

  • I have just purchased a one bedroom apartment located inBedwas and I'm thinking about a lease extension as soon as I can e.g. after two years
  • I'm planning to make an offer on a house in Bedwas 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 Accord Mortgages Ltd giving us the mortgage now?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has seventy years remaining.
  • I plan on buying a flat located in Bedwas. The offer is subject to the lease extension. The owner’s conveyancers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy five years. I need a solicitors at my end. Can you advise please? I live near Bedwas and have a mortgage with Santander.
  • Just been over 2 years that I have owned my three bedroom first floor purpose built maisonette in Bedwas. I have 77 years unexpired lease on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Bedwas for a three bed flat - sec 42 is already served?
  • Me and my sister are hoping to buy a flat (a one bedroom apartment inBedwas with share of freehold). During our search, we were always looking at properties that had a minimum 84 years remaining. We came across a flat we fell in love with and the estate agent assured that the lease term was not an issue. Today our property lawyers informed us the lease only has 71 years and therefore requires a lease extension. Should we run away, or should we reduce our offer?
  • I'm looking for some advice concerning extending the lease on my flat. I'll be looking to do this next June as we must 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?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Bedwas. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal 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?
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    Lease Extensions in Bedwas

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