Common questions relating to Mancot Lease Extensions

  • Hi, I stumbled across your site. I'm seeking prices on what a lease extension will cost for a three bedroom first floor purpose built flat based in Mancot. It's up for sale at the moment but has around seventy nine years of unexpired leasehold
  • I acquired a property in Mancot and it has nearon 62 years unexpired. I'd like to arrange a lease extension by twenty years
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 79 years left.
  • I own a three bed flat located in Mancot with a leasehold unexpired of seventy two years. I am enquiring about what it will cost me to extend my lease
  • I am a first time buyer of a leasehold flat in Mancot. The lease has just fivety five years unexpired and ground rent is £50. Is it possible for the flat owner to serve the Section 42 Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 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 may be possible but will it be very time consuming to the homeowner? Unfortunately the landlord is absent, so I am not sure how this will play out.
  • We are considering buying a three bed flat in Mancot which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • I'm intent on buying an apartment in Mancot at a price of £195,000 the flat has something like seventy eight years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in June, expecting I'd be in before Christmas. The seller has just come back saying they are willing to knock £3k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I am the freeholder of a property in Mancot where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this by £2,000 without too much effort. My surveyor has suggested a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • I'm seeking some assistance concerning extending the lease on my apartment. The plan 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?
  • I have fivety four years remaining on my lease of a ground floor flat in Mancot, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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