Frequently asked questions relating to Llantwit Major Lease Extensions

  • I’m seeking a lease extension for our two bed flat based in Llantwit Major and we are confused by the communication that we got from our landlord company. How long will it take?
  • I have just purchased a one bedroom second floor purpose built maisonette based inLlantwit Major and I'm considering a lease extension as soon as I can e.g. after 24 months of ownership
  • My name´s Hugo. I’m property hunting in Llantwit Major I'm seeing a maisonette online, with nearly 64 years unexpired lease, how much does it cost on average to extend in this area by, say, 45 years?
  • I'm wanting to make an offer on a house in Llantwit Major 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 Lloyds TSB Bank giving us the mortgage now?
  • I want to purchase a leasehold property and extend the lease. The owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I have a lease of sixety nine years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • We are in a building made up five flats in Llantwit Major and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking into the costs of carrying out a lease extension for my studio flat in Llantwit Major, and would like some figures on that.
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a maisonette in Llantwit Major, where the lease is around seventy six years but she was told by the estate agents that the vendor had extended it to 125 years. She has now been informed the vendor was waiting for her to retain lawyers ahead of instigating the lease extension. Seems unscrupulous, also it could take time to sort it all out. Am I being too sceptical?
  • 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?
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    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