Croesyceiliog Lease Extensions: Q and A’s

  • Hello, I stumbled upon this website. I'm looking for prices on what a lease extension will cost for a garden flat in Croesyceiliog. It's up for sale at the moment but has circa sixety six years unexpired lease on the lease
  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the the process
  • Possibly made a mistake, I am searching for a in Croesyceiliog who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • We are the registered owners of a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Croesyceiliog and are therefore thinking about the option of a vesting order. Is this something you can help us with?
  • My mortgage provider requires a £600 fee for their for a "deed of substituted security" for the lease extension for my flat in Croesyceiliog... I can find no reference of this in my mortgage booklet... is this a normal charge?
  • I am a freeholder of a block of flats in Croesyceiliog, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds within a month or so. As I am not on self assessment do I write to the tax authorities ?
  • I am looking at purchasing an auction property and came upon a one bed flat in Croesyceiliog. It has just 50 year lease..the current owner being mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with Santander?
  • My nephew has a share of freehold, with two other leaseholders in a building in Croesyceiliog. House divided into three flats. He has a lease, which has around 69 yrs left. How much would it cost for a lease extension and how many years would he need to extend by?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I am currently in the process of refinancing my one bed flat in Croesyceiliog and the new lender that I am looking to switch to requires at least 80 years remaining on the lease in order for them to progress matters. I have found that I currently have around 72 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Croesyceiliog