Top Ten Questions relating to Clun Lease Extensions

  • Hi, I stumbled upon your site. I'm seeking prices on what a lease extension will cost for a one bedroom apartment in Clun. It's on sale at the moment but has nearon 62 years of unexpired leasehold
  • I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Clun - I wanted to see if with your services it is possible for this to be extended?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has seventy three years unexpired.
  • I acquired a three bed flat in Clun. The lease started in 1991 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • I am thinking about purchasing an auction property and found a two bed flat in Clun. It has just 50 year lease..the seller being mortgagees in possession will not want to mess around with applying for a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and decreased chance of getting a mortgage with Chelsea Building Society?
  • I'm living at parents but have a maisonette in Clun let out which has a fivety five year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Clun for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • We have been in discussion with our freeholder after having a valuation on our ground floor flat in Clun. We have a seventy five year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I have a leasehold property in Clun with seventy one years left on the lease. I am looking for a to act for me to obtain a lease extension. Can you assist?
  • I own the freehold reversion of a property in Clun and a leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My valuer has put forward a much higher figure. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • I'm looking for some advice with regard to a lease extension on my studio flat in Clun. 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?
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