Caerleon Lease Extensions

Caerleon Lease Extensions: Q and A’s

I’ve just acquired a garden flat inCaerleon and I'm thinking about a lease extension as soon as practicable e.g. in 24 months of ownership

I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm wondering about the the process

We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years outstanding so a lease extension is not a worry. 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 true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.

I am looking for a in Caerleon and they need to be on the Accord Mortgages Ltd approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend a ?

I have been in touch with my freeholder for a lease extension for my flat in Caerleon. Her has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started November 1984.

I'm looking for a flat to purchase in Caerleon and I'm not really familiar with the leasehold arrangement. I've identified a place I like with a 91 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?

I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy nine years remaining on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?

I own the freehold to two flats. Someone has the lease on the ground flat in Caerleon. I reside in the top flat. I was looking at the title deeds recently when I noticed that my flat is leasehold. There is 55 years remaining. Can one carry out a lease extension without using a ?

We know that others in the same building previously had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?

Do you handle lease extensions on land? (a plot of land in Caerleon with 82yrs remaining)

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