Llanarmon Yn Ial Lease Extensions: Q and A’s

  • I have an interest in the freehold of buildings comprising of 8 flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the the process
  • Hello. I need a to review my lease extension before it's signed just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor variations.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Llanarmon Yn Ial, and my lease will reach sixety seven years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I purchased a ground floor flat in Llanarmon Yn Ial. I am looking to extend lease on the property. It is just over eighty years. I would just like to know what your charges are and how long the process takes.
  • We have a GFF based in Llanarmon Yn Ial. There is eighty years remaining on the lease and we want a lease extension. How much does it cost on average to extend in this location by, say,25 years
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Llanarmon Yn Ial. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm looking at buying an apartment in Llanarmon Yn Ial at a price of £195,000 the flat has something like 75 years unexpired on the lease. My offer was subject to the lease being renewed... .. that was back in August, expecting I'd be in by Christmas. The seller has just informed the agent that they are prepared to reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • My husband and I are buying a three bedroom first floor purpose built maisonette in Llanarmon Yn Ial which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The seller’s lawyer 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 a "priority 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 property title number has not been issued. Is it right that we must wait pending registration of the new lease?
  • Me and my sister are hoping to purchase a property (a one bedroom apartment based inLlanarmon Yn Ial with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years unexpired. We found a flat we fell in love with and the selling agent promised us that the lease term was not an issue. This morning our advised us the lease only has 67 years and thus needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I'm looking for some advice with regard to a lease extension on my three bed flat in Llanarmon Yn Ial. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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