Llanarth Lease Extensions

Common questions relating to Llanarth Lease Extensions

I’m seeking a lease extension for our garden flat in Llanarth and we don't fully understand the communication that we received from our freehold company. Are you willing to help us with this situation?

Hello, I just randomly found this site. I'm looking for prices on what it cost to extend a lease of a one bedroom apartment located in Llanarth. It's on the market at the moment but has nearon seventy six years left on the lease

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I own a maisonnette and the freehold title. The owners of the upstairs flat have asked for a lease extension what do I need to do?

I intend to buy a one bed flat in Llanarth for asking price of 125k, which has seventy nine 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 landlord 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?

Coming up to 2 years that I have been in my garden flat in Llanarth. I have 57 yrs remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Llanarth based or any will do fine?

If a leaseholder 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 acquire a home (a ground floor flat based inLlanarth with share of freehold). Throughout our search, we were always looking at properties that had at least 83 years balance left. We found a place we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. This morning our advised us the lease only has seventy six years and therefore requires a lease extension. Do we run away, or should 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 require an estimate to extend my mum’s lease on a studio flat in Llanarth. She recently got a price from the landlord for a lease extension but I am far from certain if it is too high.

I have a lease of 66 years remaining on my flat in Llanarth. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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