Hengoed Lease Extensions: Q and A’s

  • I am seeking a lease extension for our two bed flat in Hengoed and we don't fully understand the communication that we received from our freehold company. What's your legal fee?
  • Hello. I need a to have a look at my lease extension before it's completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
  • 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 am a FTB of a leasehold flat in Hengoed. The lease has only fivety nine years residual lease term and ground rent is £95. Is it possible for the flat owner to serve the Notice of Claim and then assign over the right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the current owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how does it work.
  • I am looking at acquiring an auction property and identified a one bed flat in Hengoed. It has just 50 year lease..the vendor being mortgagees in possession will not want to mess around with applying for a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with The Royal Bank of Scotland?
  • Offer accepted on a a ground floor flat in Hengoed, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.We are about to exchange contracts in a couple of days. My question is why has this only just come to my attention by my ?
  • My partner and I would like to know the cost of a lease extension valuation for a property based in Hengoed. Would you be able to help?
  • I'm looking at purchasing a flat in Hengoed at a price of £195,000 the flat has approximately sixety eight years left on the lease. My offer was conditional upon a lease extension... .. that was back in August, hoping I'd have moved in before now. They have just come back saying that they are prepared to reduce the price by£8k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • We currently own a garden flat in Hengoed and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 70 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I have a lease of sixety five years remaining on my flat in Hengoed. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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