Frequently asked questions relating to Hengoed Lease Extensions

  • My OH and I have just completed on a one bedroom apartment based inHengoed and I'm deliberating a lease extension as soon as practicable e.g. after 24 months of ownership
  • I’m just looking for a maisonette to purchase in the Hengoed area and was enquiring what the likely fees would be for a lease extension? It has fivety four years remaining...
  • I'm wanting to make an offer on a house in Hengoed 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 Aldermore giving us the mortgage now?
  • 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 going to purchase a flat based in Hengoed. My offer is subject to the lease extension. The homeowner’s property lawyers has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Santander. Moreover, which are the following lease extension steps to complete the purchase?
  • I am considering whether to purchase the freehold or a lease extension of my property in Hengoed and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with The Royal Bank of Scotland to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease started in 1981 and since then the ground rent has been raised from £15.00 per year to £200 per annum.
  • I am concerned that my daughter might be having the wool pulled over her eyes. She submitted an offer on a maisonette in Hengoed, where the lease is slightly less 62 years but she was told by the selling agents that the seller had extended it to 99 years. She has now been advised the current owner was waiting for her to appoint conveyancers ahead of instigating the lease extension. Sounds devious, also it could take months to sort it all out. What do you think?
  • We have a one bedroom flat located in Hengoed. There is eighty years to run on the lease and we want to extend the lease. How much will it likely cost to extend in this area by, say,ninety years
  • I have a leasehold property in Hengoed with 68 years unexpired on the lease. I am looking for a property lawyers to act for me to achieve a lease extension. Can you assist?
  • I'm looking for some help with regard to extending the lease on my apartment. I'll be looking to do this sometime next year as we must 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 LVT route. You are able to recommend a good lawyers with expertise in lease extensions. Ideally based in Hengoed?
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    Lease Extensions in Hengoed

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