Common questions relating to Llantarnam Lease Extensions

  • I have an interest in the freehold of buildings comprising of 8 flats each. Two of the leaseholders want to extend their leases and I'm wondering about the the process
  • I have got a leasehold flat in the Llantarnam area and was enquiring whether I could obtain a lease extension. What are your processes and charges. Has 79 years outstanding
  • I have a lease of seventy three years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I'm looking for a flat to buy in Llantarnam and I'm not really familiar with the leasehold concept. I've identified a garden flat I like with a 82 years lease. My research reveals that I can apply for a lease extension after a couple of years, but:- Is this a given?
  • Are you able to advise on how much it would cost and the optimum way to get a lease extension started? I have roughly 75 years remaining and I own a garden flat in Llantarnam.
  • I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a studio flat in Llantarnam, where the lease is nearon seventy eight years but she was informed by the selling agents that the seller had extended it to 99 years. She has now been informed the current owner was waiting for her to appoint lawyers prior to commencing with the lease extension. Seems devious, also it may take time to sort it all out. Am I being too sceptical?
  • We have a ground floor flat in Llantarnam with 75 years remaining. Ten months ago we were quoted a deal to have a lease extension for another thirty years but also uplift the ground rent from notional to a little more..plus a premium I think of about 16k. We have now decided to proceed but do we now have to renegotiate?
  • We would like to extend our lease having owned the place for two years as of 6th Feb 2015. It has nearly 70 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
  • I am the freeholder of a 1930’s property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 63 years. What are my next steps?
  • My partner and I have been in discussion with our freeholder after having a valuation on our garden flat in Llantarnam. We have a 69 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
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    Lease Extensions in Llantarnam

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