Recently asked questions relating to Cwmbran Lease Extensions

  • I own a three bedroom ground floor purpose built maisonette in Cwmbran that I now cannot sell due to the lease requiring a lease extension. What's your legal fee ?
  • I'm intending to make an offer on a house in Cwmbran but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Alliance & Leicester giving us the mortgage now?
  • I want to buy a leasehold property and extend the lease. The owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Hi. I need someone to review my lease extension before it's signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
  • My mortgage provider is requesting several hundred pounds for their property lawyers to agree a lease extension for my flat in Cwmbran... I am unable to find any reference of this in my mortgage guide... is this a standard cost that they charge?
  • I am seeking advice as I am interested in a property that has only a 64 year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • We would like to know the cost of a lease extension valuation for a property based in Cwmbran. Would you be able to help?
  • I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Cwmbran. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living at parents but have a studio flat in Cwmbran let out which has a 57 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 Cwmbran 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 19k. Should I keep or sell the flat?
  • Just been over 2 years that I have owned my maisonette in Cwmbran. I have fivety six years remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
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    Lease Extensions in Cwmbran

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