Questions and Answers: Clarbeston Road Lease Extensions

  • We are seeking a lease extension for our garden flat in Clarbeston Road and we are confused by the communication that we received from our landlord company. How long will it take?
  • I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the procedure for this
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years remaining 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any help would be much appreciated.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Clarbeston Road, and my lease will reach sixety three years this March. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • We are in a building made up three flats in Clarbeston Road and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am about to view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 65 years left on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • Regarding a residence in Clarbeston Road. GFF maisonette. 67 yrs left. I have an agreed lease extension to £20k for 115yrs. Landlord also requested Notice of Claim which I think should not be necessary. Advice required.
  • We would like to know the cost of a lease extension valuation for a property based in Clarbeston Road. Would you be able to help?
  • Just been over 2 years that I have owned my two bedroom second floor purpose built flat in Clarbeston Road. I have fivety nine yrs remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • I own the freehold reversion of a property in Clarbeston Road where the leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?

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