Questions and Answers: Caldicot Lease Extensions

  • My name´s Ali. I’m house hunting in Caldicot I'm seeing a studio flat online, with around 61 years unexpired lease, how much will it likely cost to extend in this location by, say, 35 years?
  • The terms for the lease on my flat in Caldicot are 95 years from 10 Dec 1989. Can you give me a quote for a lease extension if I give you more information please?
  • I am looking into the costs of carrying out a lease extension for my maisonette in Caldicot, and would like some figures on that.
  • I am a FTB of a leasehold flat in Caldicot. The lease has just 57 years balance left and ground rent is £95. Is it possible for the owner to serve the Section 42 Notice and then transfer this right to me as the buyer on the day of completion so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? Unfortunately the landlord is absent, so I am not sure how does it work.
  • We wish to extend our lease. We will have been in the flat for 2 years as of 1st March 2015. It has nearon 65 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
  • I am looking for advice as I am interested in a property that has only a sixety two year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?
  • Just a quick question, how much are the legal fees for a lease extension on a residential property in Caldicot for a two bed flat - section 42 is already in place?
  • We are hoping to purchase a flat (a ground floor flat located inCaldicot with share of freehold). Throughout our search, we were always looking at apartments that had a minimum eighty five years outstanding. We found a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. This morning our solicitors informed us the lease only has sixety eight years and thus requires a lease extension. Should we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I know that others in the same block had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate 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 Caldicot with 82yrs remaining)
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    Lease Extensions in Caldicot

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