Lease Extensions in Newbridge

Questions and Answers: Newbridge Lease Extensions

So this is the scenario: I inherited a garden flat in Newbridge that I now cannot sell due to the lease requiring a lease extension. How long will it take ?

My wife has a flat in Newbridge which we have just put on the market. The leasehold has approximately 75 years unexpired on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.

I own a leasehold flat in the Newbridge area and was enquiring whether I could obtain a lease extension. What are your processes and charges. There are 69 years unexpired

We have a first floor flat in Newbridge with sixety nine years to run. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from notional to £300 per year..plus a premium I think of approximately 16k. Finally we have decided to proceed but do we now have to start the negotiations again?

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 66 years. I need a at my end. Can you advise please? I live near Newbridge and have a mortgage with Halifax.

Even though I may not need a lease extension but I do require a vesting order on a property I want to buy in Newbridge. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the garden area.

I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Newbridge. I occupy in the top flat. I was reviewing the title deeds recently when I noticed that my flat has a lease on it. There is 70 years left. Is it possible to do a lease extension without using a ?

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

I have a lease of seventy eight years remaining on my flat in Newbridge. 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?

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