Hengoed Lease Extensions

Frequently asked questions relating to Hengoed Lease Extensions

My wife has a flat located in Hengoed which we are about to put on the market. The leasehold has approximately 77 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.

I want to buy a leasehold property and extend the lease. The vendor has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

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

I have a share of the freehold. There are three apartments in the building. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?

We have owned a leasehold flat for about twenty years. It now has 70 years left on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome advice.

I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Hengoed. I would be grateful if you can give me a call when you get a chance to discuss the case.

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?

Me and my husband are purchasing a studio flat in Hengoed which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must wait until the lease extension has actually been registered before completing.?

Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Hengoed for a two bed flat - section 42 is already in place?

My daughter knows that others in the same building previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having 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 Hengoed