Frequently asked questions relating to Maesteg Lease Extensions

  • So this is the scenario: I purchased a garden flat in Maesteg that I now cannot sell as a result of the lease needing a lease extension. Can you please help me with this situation ?
  • I have shares in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the the process
  • My wife has a flat based in Maesteg which we have just put on the market. The leasehold has slightly more than 70 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I am looking to buy a studio flat in Maesteg with a lease of sixety six years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • Possibly made an error, I am searching for a in Maesteg who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • I am looking to either purchase the freehold or a lease extension of my property in Maesteg and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Clydesdale to release of equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease started in 1979 and since then the ground rent has increased from £15.00 per year to £125 per annum.
  • Coming up to two years that I have owned my one bedroom apartment in Maesteg. I have fivety nine years left on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
  • Hello I am the freeholder title in a one bedroom flat in Maesteg. The leaseholder has a seventy two year lease and would like to purchase an additional 90 years. He is offering me £27,000 but I am not sure if this is a correct amount
  • I'm looking at purchasing an apartment in Maesteg at a price of £256,000 the flat has just under 56 years left on the lease. My offer was conditional upon a lease extension... .. that was back in November, hoping I'd have completed before Christmas. They have just informed me they are willing to knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I'm hoping for some help concerning a lease extension on my apartment. The intention is to do this in nine months time as we must move 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. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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