Frequently asked questions relating to Llantwit Major Lease Extensions

  • I own a leasehold flat in the Llantwit Major area and was curious if I could get a lease extension. What are your processes and fees. There are fivety eight years unexpired
  • I want to purchase a leasehold property and lease extension. The vendor has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 928 years outstanding so a lease extension is not a concern. 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any feedback would be much appreciated.
  • We purchased a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Llantwit Major and looking to do a vesting order. Is this something you can help us with?
  • I will soon view a one bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 67 years remaining on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • Ref a residence in Llantwit Major. lower maisonette. 73 yrs left. I have an agreed lease extension to £14k for 135yrs. Freeholder also insisted on Initial Notice which I think is a tad over the top. Can you assist.
  • I own a purpose-built flat located in a large block in Llantwit Major. The leasehold interest in the apartment on a ninety five year lease which commenced on 30th November 1970 with a non-reviewable yearly rent of 45. I wish to obtain a lease extension. Can I talk with someone to discuss my options please?
  • I'm living at mother and father but have a one bedroom apartment in Llantwit Major let out which has a seventy two year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Llantwit Major for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to acquire in Llantwit Major. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
  • Me and my fiance are in the throws of buying a flat (a studio flat located inLlantwit Major with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years balance left. We identified a place we liked and the estate agent promised us that the lease was long albeit not specifying a number. Today our conveyancing practitioners advised us the lease only has sixety two years and thus requires a lease extension. Do we run away, or do we negotiate our offer?
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    Lease Extensions in Llantwit Major

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