FAQs concerning Blackwood Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 67 years outstanding.
  • I have a lease of 60 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • We inherited a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Blackwood and are therefore deliberating the option of a vesting order. Is this something you can help us with?
  • We have owned a leasehold flat for around eighteen years. There are seventy one years unexpired lease on the lease. Following a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • My wife and I are buying a ground floor flat in Blackwood which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our conveyancers to do a pre-completion search on the property title. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
  • Me and my partner are in the throws of buying a home (a one bedroom first floor purpose built flat based inBlackwood with share of freehold). Throughout our search, we were always looking at apartments that had a minimum eighty five years unexpired. We came across a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. Today our conveyancers advised us the lease only has 67 years and thus requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I am the registered freeholder to two flats. Someone has the lease on the lower flat in Blackwood. I occupy in the upper flat. I was looking at the title deeds yesterday when I noticed that my flat is leasehold. There is seventy seven years unexpired. If I want a lease extension then would I just be paying for the lawyers fees?
  • I require an estimate to extend my aunt’s lease on a studio flat in Blackwood. She already has a price from the freeholder for a lease extension but I am far from certain if it is too high.
  • We currently own a garden flat in Blackwood and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety four years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • Do you handle lease extensions on land? (a plot of land in Blackwood with 82yrs remaining)
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    Lease Extensions in Blackwood

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