Brecon Lease Extensions

Common questions relating to Brecon Lease Extensions

Hi, I am looking somewhere around or in Brecon 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?

We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 899 years unexpired so a lease extension is not an issue. 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 owning the property. Any advice would be much appreciated.

We have a residential flat in Brecon with sixety seven years to run. Ten months ago we were quoted a deal to receive a lease extension for another 25 years but also uplift the ground rent from nominal to £200 per annum..plus a premium I think of about 10k. We have now decided to go ahead but do we now have to start the negotiations again?

We wish to extend our lease. We will have been in the property for 2 years as of 21st April 2016. It has roughly 65 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as is reasonably achievable.

I am in need of a lease extension for my flat in Brecon and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Brecon. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?

I require an estimate to extend my mum’s lease on a maisonette in Brecon. She already has a price from the freeholder for a lease extension but I am unclear whether it is reasonable.

We currently own a one bedroom ground floor purpose built flat in Brecon 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 79 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. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

I'm looking for some advice with regard to a lease extension on my one bedroom first floor purpose built maisonette in Brecon. 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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