Top Ten Questions relating to Maesteg Lease Extensions

  • My name´s Daniel. I’m flat hunting in Maesteg I'm considering offering on a two bedroom ground floor purpose built flat online, with slightly less 72 years unexpired lease, how much will it likely cost to get a lease extension by, say, 35 years?
  • I invested in buying a flat in Maesteg with a leasehold unexpired approximately fivety five years and need a lease extension. Please can you advise me of the next steps
  • I'm intending to make an offer on a house in Maesteg but I'm a little worried 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 Norwich and Peterborough Building Society giving us the mortgage now?
  • 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 about to view a one bedroom maisonette, although not exactly my perfect 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 sixety years balance left on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • Regarding a property in Maesteg. lower maisonette. sixety four yrs unexpired. I have negotiated a lease extension price of £12,000 for 135yrs. Freeholder also requested Section 42 Notice which I think should not be required. Advice required.
  • We have a ground floor flat in Maesteg with 79 years left. Last year we were quoted a deal to receive a lease extension for a further thirty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to start the negotiations again?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my maisonette in Maesteg
  • My and my fiance know that others in the same block had already had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation fees. Would you suggest this course of action?
  • I have 66 years remaining on my lease of a ground floor flat in Maesteg, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Maesteg

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