Mynydd Isa Lease Extensions

Common questions relating to Mynydd Isa Lease Extensions

I would like to have my residential flat leasehold extension premium valued. The flat is in Mynydd Isa, and my lease will reach fivety eight years this November. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

We are in a building consisting of five flats in Mynydd Isa and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

My husband and I have a ground floor flat in Mynydd Isa with 77 years left. Last year we were quoted a deal to grant a lease extension for a further fifty years but also increase ground rent from notional to £300 per annum..plus a premium I think of about 9k. We have now decided to go ahead but do we now have to start the negotiations again?

I am the freeholder of a Georgian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 57 years. What are my next steps?

I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Mynydd Isa. I would be grateful if you can give me a call when you get a chance to discuss the case.

I'm living with my parents but have a one bed flat in Mynydd Isa let out which has a 66 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Mynydd Isa for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?

I'm looking at acquiring an apartment in Mynydd Isa valued at £210,000 the flat has just under 60 years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in June, hoping I'd be in by Christmas. The owner has just come back saying that they are prepared to knock £3k off if I deal with the lease extension myself. I'm not sure whether that's a good idea

I'm looking for some assistance with regard to a lease extension on my flat. The plan is to do this in six months time as we have 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. Can you recommend a good conveyancing practitioners with expertise in lease extensions. Ideally someone in Mynydd Isa area?

I am currently negotiating a lease extension for my flat in Mynydd Isa 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?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Mynydd Isa

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