Questions and Answers: Llwyngwril Lease Extensions

  • We agreed with the landlord to a lease extension on our flat located in Llwyngwril, 9.5k for an extension by 90yrs. What's your solicitors fee ?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 57 years unexpired.
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Llwyngwril, and would like some figures on that.
  • I am a FTB of a leasehold flat in Llwyngwril. The lease has only sixety four years outstanding and ground rent is £75. Is it possible for the owner to serve the Section 42 Notice and then transfer over the right to me as the buyer on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the seller? Unfortunately the freeholder is absent, so I am not sure how does it work.
  • Re a property in Llwyngwril. upper maisonette. 73 yrs left. I have negotiated a lease extension price of £12,000 for 135yrs. Landlord also requested Notice of Claim which I think should not be required. Can you assist.
  • I have a share of the freehold. There are five apartments in the building. All the leaseholders are now requiring lease extensions. What are the timescales to grant a lease extension?
  • If somebody owns a flat with a lease of less than 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 doing it?
  • I am currently negotiating a lease extension for my flat in Llwyngwril as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Llwyngwril
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Llwyngwril. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good solicitors who specialises in lease extensions?
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    Lease Extensions in Llwyngwril

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