Top Ten Questions relating to Blaenavon Lease Extensions

  • My name´s Riley. I’m house hunting in Blaenavon I'm considering offering on a maisonette online, with around 68 years remaining, how much does it cost on average to get a lease extension by, say, thirty years?
  • I am considering investing in a second home but it has a lease that expires in twenty years. Its in Blaenavon - I wanted to see if with your services it is possible for this to be extended?
  • I'm about to make an offer on a house in Blaenavon 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 Nottingham Building Society giving us the mortgage now?
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years balance left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • Possibly made a mistake, I am actually looking for a property lawyers in Blaenavon who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • My apartment in Blaenavon is up for sale and I have a hopefully firm offer. There is 79 years to run on the lease and I want to extend the lease. What does it cost on average to extend in this location by, say,fifty years
  • I'm intent on buying a flat in Blaenavon valued at £210,000 the flat has just under seventy years unexpired on the lease. I put in an offer conditional upon the lease being extended... .. that was back in August, hoping I'd have moved in before Christmas. They have just informed the agent that they are prepared to knock £4k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • We have a ground floor flat in Blaenavon with a lease of 70 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
  • I have a lease of sixety one years remaining on my flat in Blaenavon. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Blaenavon

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