Nannerch Lease Extensions: Q and A’s

  • I’ve just purchased a one bedroom ground floor purpose built flat based inNannerch and I'm deliberating extending the lease as soon as practicable e.g. after two years
  • Hi. I need someone to have a look at my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • 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 would like to have my residential flat leasehold extension premium assessed. The flat is in Nannerch, and my lease will reach 64 years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I'm thinking of buying a garden flat (leasehold) but the freeholder has been missing for circa 15yrs. I wonder whether it will be cheaper to try to purchase the freehold or to extend lease and apply for RTM?
  • I am a landlord of a block of flats in Nannerch, and the lessees are in the process of being issued lease extensions. I should hopefully get the money next month. How does the tax work, the property is co-owned with my husband ?
  • We are considering purchasing a studio flat in Nannerch which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • We currently own a maisonette in Nannerch 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 sixety three years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • Do you handle lease extensions on land? (a plot of land in Nannerch with 82yrs remaining)
  • I have a lease of seventy nine years remaining on my flat in Nannerch. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Nannerch