Llanidloes Lease Extensions: Q and A’s

  • I am the registered owner of a property in Llanidloes and it has roughly 70 years remaining. I'd like to extend the lease period
  • I'm wanting to make an offer on a house in Llanidloes but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Leeds Building Society giving us the mortgage now?
  • We acquired a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Llanidloes and looking to do a vesting order. Is this something you can help us with?
  • I need to talk to you about a leasehold property in Llanidloes, I am considering bidding at auction next week. The flat only has a few years left and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I intend to buy a one bed flat in Llanidloes for asking price of 156k, which has seventy seven 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 surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Just been over 2 years that I have owned my garden flat in Llanidloes. I have seventy two years left 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 450k. 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: In terms of surveyors - how do I go about finding one?
  • Hi I own the freehold title in a one bedroom flat in Llanidloes. The leaseholder has a 63 year lease and would like to purchase another 90 years. She is offering me £21,000 but I am unsure if this is a correct amount
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Llanidloes. I occupy in the top flat. I was reviewing the land registry documents today when I noticed that my flat is leasehold. There is seventy nine years residual lease term. Is it possible to carry out a lease extension without using a ?
  • I'm looking for some assistance with regard to a lease extension on my flat. The plan is to do this sometime next year as we must 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. Can you recommend a good who specialises in lease extensions. Ideally nearby in Llanidloes?

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