Lease Extensions in Cwmbran

Questions and Answers: Cwmbran Lease Extensions

I agreed with the landlord for a lease extension on our flat in Cwmbran, 10k for another 90yrs. How long will it take ?

I’m about to offer on a studio flat to buy in the Cwmbran area and was curious what the likely fees would be to extend a lease? It has 65 years remaining...

I have an interest in the freehold of 2 blocks of flats comprising of six flats each. Two of the leasehold owners want a lease extension and I'm wondering about the the process

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I'm thinking of purchasing a three bedroom first floor purpose built maisonette (leasehold) but the freeholder has been missing for around 15yrs. My query is would it be cheaper to try to acquire the reversionary title or to extend lease and apply for right to manage?

I am looking into the costs of carrying out a lease extension for my garden flat in Cwmbran, and would like some figures on that.

If a leaseholder owns a flat with a lease of under 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 extending the lease?

Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Cwmbran for a two bed flat - sec 42 is already served?

I'm looking for some assistance concerning a lease extension on my apartment. I'll be looking to do this next autumn as we need to move 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. You are able to recommend a good who specialises in lease extensions. Ideally nearby in Cwmbran?

My friend knows that others in the same building had already had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Would you suggest this course of action?

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