Henllan Lease Extensions

Questions and Answers: Henllan Lease Extensions

My name´s George. I’m property hunting in Henllan I'm deliberating offering on a garden flat online, with around sixety six years left, how much does it cost on average to get a lease extension by, say, twenty years?

I bought a flat in Henllan with a leasehold unexpired circa 72 years and need to extend it. Please can you clarify the next steps

I inherited a one bedroom apartment in Henllan. The lease started in 2001 for 99 years. Now I am looking for a lease extension. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?

I am going to purchase a flat in Henllan. The offer is conditional upon a lease extension. The current owner’s solicitors 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 Barnsley Building Society. Moreover, which are the following lease extension steps to complete the purchase?

I am looking at buying an auction property and found a two bed flat in Henllan. It only has a 48 year lease..the seller being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and reduced chance of getting a mortgage with Clydesdale?

My partner and I have a residential flat in Henllan with 73 years to run. Ten months ago we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from notional to £300 per year..plus a premium I think of approximately 9k. Finally we have decided to move forward but do we now have to start the negotiations again?

We are looking to extend our lease having owned the property for 2 years as of 22nd Jan 2015. It has approximately seventy four years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.

My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I would like some advice on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Henllan area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?

I have 75 years remaining on my lease of a ground floor flat in Henllan, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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