Caerleon Lease Extensions

Top Ten Questions relating to Caerleon Lease Extensions

I have got a leasehold flat in the Caerleon area and was enquiring if I could obtain a lease extension. What are your processes and charges. There are 68 years balance left

Do you only do lease extensions in Caerleon? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a .

I own a maisonnette and the freehold. The owners of the upstairs flat have asked for a lease extension what do I need to do?

I am thinking about whether to purchase the freehold or a lease extension of my property in Caerleon and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Britannia to release of equity. My adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease started in 1979 and since then the ground rent has been raised from £38.00 per year to £200 per annum.

I am concerned that my daughter is being hoodwinked. She put in an offer on a maisonette in Caerleon, where the lease is around 54 years but she was advised by the estate agents that the vendor had extended it to 99 years. She has now been informed the flat owner was waiting for her to retain solicitors before commencing with the lease extension. Sounds underhand, also it could take time to sort it all out. Am I reading too much into it?

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety five years. I need a at my end. Can you advise please? I live near Caerleon and have a mortgage with Leeds Building Society.

I have a freehold of a three bedroom flat in Caerleon. The leaseholders have 65 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?

I am currently negotiating a lease extension for my flat in Caerleon 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?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Caerleon

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