Recently asked questions relating to Llanfyllin Lease Extensions

  • Me and my OH are seeking a lease extension for our ground floor flat located in Llanfyllin and we are confused by the communication that we got from our freehold company. How long will it take?
  • I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Llanfyllin - I wanted to see if with your services it is possible for this to be extended?
  • I am the registered owner of a one bedroom apartment in Llanfyllin. The start date for the lease was in 1997 for 99 years. Now I am wanting for a lease extension. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Llanfyllin, and would like some figures on that.
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am looking to buy a one bed flat in Llanfyllin for asking price of 125k, which has sixety eight 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 question 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 dad has a share of freehold, with two other leaseholders in a building in Llanfyllin. House converted into three flats. He has a lease, which has around 74 yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • My brother and I are purchasing a studio flat in Llanfyllin which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced 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. An essential part of the conveyancing process is for our to do OS1 search on the lease. The concern 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 is not known. Is it right that we have to wait pending registration of the new lease?
  • I'm hoping for some advice with regard to a lease extension on my flat. The plan is to do this next summer as we have 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 complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • My wife and I are aware that others in the same building previously had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Llanfyllin