Caerleon Lease Extensions: Q and A’s

  • I have just bought a maisonette based inCaerleon and I'm thinking about extending the lease as soon as I can e.g. in two years
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 899 years 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 25 years without the house being ours. Any information would be much appreciated.
  • I am about to put an offer in on a one bedroom apartment in Caerleon with a lease of seventy three years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • The intention is to sell our studio flat in Caerleon but we may need to extend the lease, or possibly cover the expense of our purchaser. Are you able to recommend a solicitors to undertake the legal formalities?
  • The terms for the lease on my apartment in Caerleon are 101 years from 12 Dec 1980. Please provide me a quote for a lease extension if I give you more specifics please?
  • My mortgage lender is requesting a £450 fee for their conveyancing practitioners to approve the lease extension deed for my flat in Caerleon... I can find no reference of this in my mortgage literature... is this a normal charge?
  • My partner and I have a first floor flat in Caerleon with 57 years left. Ten months ago we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from nominal to £200 per annum..plus a premium I think of approximately 10k. We have now decided to move forward but do we now have to start the negotiations again?
  • I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Caerleon. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • My nephew is aware that others in the same building had already had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Caerleon. 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. Can you recommend a good lawyers who specialises in lease extensions?
  • Other Topics

    Lease Extensions in Caerleon

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