Bedwas Lease Extensions: Q and A’s

  • I am looking for a in Bedwas and they should be on the National Westminster Bank approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend a ?
  • I have been in touch with my freeholder to extend my lease for my flat in Bedwas. His has been in contact regarding fees 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 August 1985.
  • I'm deliberating over buying a three bedroom ground floor purpose built maisonette (leasehold) but the freeholder has been missing for just under 15yrs. I wonder whether it will be less expensive to try to purchase the freehold or to extend lease and apply for RTM?
  • My mortgage provider is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Bedwas... I am unable to find any reference of this in my mortgage booklet... is this a normal cost that they charge?
  • I would like some help 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 Bedwas area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • Coming up to 2 years that I have been in my three bed flat in Bedwas. I have sixety seven years remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the total cost excluding value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Bedwas
  • We are acquiring a three bed flat in Bedwas which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to wait pending registration of the new lease?
  • I have seventy four years remaining on my lease of a ground floor flat in Bedwas, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Bedwas
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bedwas