Common questions relating to Brecon Beacons Lease Extensions

  • I own a flat in Brecon Beacons with a leasehold unexpired nearly 79 years and need to extend it. Please can you clarify the next steps
  • I have an interest in the freehold of buildings comprising of six flats each. Two of the leaseholders want to extend their leases and I'm curious about the the process
  • I am looking for a in Brecon Beacons and they need to be on the TSB approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
  • I bought a maisonette based in Brecon Beacons with a leasehold unexpired of sixety two years. I am enquiring about what I will need to spend to extend my lease term
  • I am concerned that my daughter is being hoodwinked. She put in an offer on a 2 bed flat in Brecon Beacons, where the lease is around 73 years but she was advised by the selling agents that the flat owner had extended it to 125 years. Only now has she been informed the flat owner was waiting for her to instruct conveyancers ahead of instigating the lease extension. Seems underhand, also it could take months to sort it all out. What do you think?
  • I have a share of the freehold. There are four flats in the building. All the leaseholders are now seeking lease extensions. Are you able to assist us with this situation?
  • I am the freeholder of a Victorian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy seven years. What are my next steps?
  • Just a quick one, how much are the legal fees for a lease extension on a residential property in Brecon Beacons for a two bed flat - sec 42 having been issued?
  • We know that others in the same building had already had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you suggest such a course of action?
  • I am currently negotiating a lease extension for my flat in Brecon Beacons as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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