FAQs concerning Llanallgo Lease Extensions

  • I acquired a property in Llanallgo and it has slightly less than sixety nine years left. I'd like to extend the lease period
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 56 years remaining.
  • I own a three bedroom second floor purpose built flat in Llanallgo. The start date for the lease was in 1991 for 99 years. Now I am looking to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • My neighbours and I are in a building consisting of four flats in Llanallgo and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Think I may have made an error, I am actually looking for a solicitors in Llanallgo who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • How much will I need to spend and what is the best way to start the lease extension process? I have nearon seventy five years unexpired lease on my lease on a one bedroom ground floor purpose built flat in Llanallgo. I have contacted the managing agents who act on behalf of the landlord and they provided me with the number for the surveyor. I telephone the valuer but I am not getting any calls back.
  • I am concerned that my niece is being hoodwinked. She put in an offer on a three bedroom first floor purpose built maisonette in Llanallgo, where the lease is nearon seventy five years but she was informed by the selling agents that the flat owner had extended it to 125 years. Only now has she been told the current owner was holding off for her to instruct conveyancers prior to commencing with the lease extension. Sounds odd to me, also it may take a while to sort it all out. What do you think?
  • We have a first floor flat in Llanallgo with 78 years remaining. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from notional to £250 per year..plus a premium I think of about 9k. Finally we have decided to proceed but do we now have to renegotiate?
  • We know that others in the same block had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
  • We currently own a studio flat in Llanallgo 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 57 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
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    Lease Extensions in Llanallgo

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