FAQs concerning Clarbeston Road Lease Extensions

  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 798 years remaining so a lease extension is not a concern. 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 twenty years without the house being ours. Any guidance would be much appreciated.
  • Hello. I need a to review my lease extension ahead of it being completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small variations.
  • Regarding a residence in Clarbeston Road. lower maisonette. seventy five yrs left. I have negotiated a lease extension price of £12,000 for 125yrs. Freeholder also insisted on Initial Notice which I think is a tad over the top. Advice required.
  • We are considering buying a two bedroom first floor purpose built flat in Clarbeston Road which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • Offer accepted on a a studio flat in Clarbeston Road, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 85 years.We are about to exchange contracts in a couple of days. My query is how is possible that the estate agent got it so wrong?
  • I would like some advice on purchasing a leasehold residence. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Clarbeston Road area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • My OH and I are acquiring a three bed flat in Clarbeston Road which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we have to be patient pending registration of the new lease?
  • I require an estimate to extend my mother’s lease on a studio flat in Clarbeston Road. She already has a price from the freeholder for a lease extension but I am not sure it is reasonable.
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Clarbeston Road
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Clarbeston Road. 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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