FAQs concerning Henllan Lease Extensions

  • We have just purchased a one bedroom second floor purpose built flat based inHenllan and I'm thinking about a lease extension as soon as I can e.g. after 24 months of ownership
  • Hello, I am looking somewhere around or in Henllan 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has seventy six years unexpired.
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years remaining so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any feedback would be much appreciated.
  • Last year I purchased a leasehold flat in Henllan. I have built a huge extension and have not informed the freeholder. What are my options?
  • I am looking to buy a one bed flat in Henllan for asking price of 125k, which has seventy two years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • My husband and I have owned a leasehold flat for approximately eighteen years. It now has 79 years remaining on the lease. Following a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome advice.
  • If somebody 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 doing it?
  • Me and my OH are hoping to purchase a home (a ground floor flat located inHenllan with share of freehold). Throughout our search, we were always looking at properties that had at least eighty five years residual lease term. We found a place we liked and the selling agent promised us that the lease term was not an issue. This morning our conveyancers advised us the lease only has sixety one years and thus needs a lease extension. Do we run away, or do we negotiate our offer?
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Henllan. I reside in the upper flat. I was reviewing the title deeds last night when I noticed that my flat has a lease on it. There is 71 years unexpired. If I want to do a lease extension then would I just be paying for the conveyancing practitioners fees?
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    Lease Extensions in Henllan

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