Top Ten Questions relating to Llantwit Major Lease Extensions

  • I am looking for a solicitors in Llantwit Major and they should be on the HSBC Bank approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Llantwit Major and are therefore considering the option of a vesting order. Is this something you can help us with?
  • We have a residential flat in Llantwit Major with sixety five years left. Last year we were quoted a deal to grant 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 9k. We have now decided to proceed but do we now have to start the negotiations again?
  • I an interested in finding out more about purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Llantwit Major area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety years. I need a solicitors at my end. Can you advise please? I live near Llantwit Major and have a mortgage with Nottingham Building Society.
  • Just been over two years that I have owned my ground floor flat in Llantwit Major. I have 62 yrs left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners 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?
  • I do 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, 995 year lease from 1889. Its the rear garden.
  • If somebody 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 extending the lease?
  • I'm intent on buying an apartment in Llantwit Major valued at £210,000 the flat has something like fivety seven years remaining on the lease. I put in an offer subject to a lease extension... .. that was back in August, hoping I'd have completed before Christmas. They have just come back saying they'll knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • We are concerned about getting a lease extension from an objectionable freeholder. Notwithstanding that the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £250 doubling every 25 years of the new term. Can you assist?
  • Other Topics

    Lease Extensions in Llantwit Major

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