Magor Lease Extensions

Recently asked questions relating to Magor Lease Extensions

So this is the scenario: I am the registered owner of a garden flat in Magor that I now cannot sell due to the lease needing a lease extension. Can you please help me with this situation ?

I am fairly sure that our has advised us incorrectly concerning a lease extension and I want to know how to go about making a formal complaint

I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 60 years balance left

I am looking to purchase a one bedroom apartment in Magor with a lease of sixety eight years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.

I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy nine years unexpired on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?

I am looking to buy a one bed flat in Magor for asking price of 156k, which has 58 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 question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

We are are hoping to complete on a garden flat in Magor which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must wait pending registration of the new lease?

I'm looking for some assistance with regard to a lease extension on my apartment. The intention is to do this sometime next year as we need to 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 LVT route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?

We currently own a ground floor flat in Magor and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy two years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Magor

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