Common questions relating to Llanymynech Lease Extensions

  • Hi, I am looking somewhere around or in Llanymynech 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • 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 remaining so a lease extension is not an issue. 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 correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any advice would be much appreciated.
  • Hi. I need a conveyancing practitioners to have a look at my lease extension ahead of it being signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I am the owner of a maisonnette together with the freehold. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Llanymynech, and my lease will reach sixety eight years this Septembmer. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been absent for around 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to get a lease extension and apply for RTM?
  • What will I need to spend and what is the best way to start the lease extension process? I have about seventy seven years outstanding on my lease on a studio flat in Llanymynech. I have called the managing agents who act on behalf of the landlord and they sent me the number of the valuer. I have contacted the surveyor but I am not getting any kind of answer.
  • I am looking to buy a one bed flat in Llanymynech for asking price of 125k, which has sixety four 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 query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • My solicitors (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?
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    Lease Extensions in Llanymynech

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