Llanarmon Yn Ial Lease Extensions: Q and A’s

  • I’m about to offer on a a property to purchase in the Llanarmon Yn Ial area and was interested in finding out how much would it cost for a lease extension? It has 73 years residual lease term...
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 899 years left 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 guidance would be much appreciated.
  • I am the owner of a maisonnette together with the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I have contacted my freeholder to extend my lease for my flat in Llanarmon Yn Ial. His conveyancers has been in contact regarding fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started June 1986.
  • The terms for the lease on my apartment in Llanarmon Yn Ial are 101 years from 15 Jan 1990. Can you supply me me a quote to extend the lease if I give you more details please?
  • I'm looking for a flat to buy in Llanarmon Yn Ial and I'm not really familiar with the leasehold tenure. I've found a one bedroom apartment I like with a 87 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • I am about to view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 75 years residual lease term on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am thinking about buying an auction property and found a one bed flat in Llanarmon Yn Ial. It only has a 49 year lease..the current owner as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Aldermore?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to purchase in Llanarmon Yn Ial. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.
  • I'm seeking some help with regard to a lease extension on my flat. The intention is to do this sometime next year as we need to 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. 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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    Lease Extensions in Llanarmon Yn Ial

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