Newbridge Lease Extensions

Newbridge Lease Extensions: Q and A’s

I am thinking about a lease extension for our garden flat located in Newbridge and we are confused by the communication that we got from our landlord company. Can you please help us with this situation?

I have a lease of 58 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am looking for a in Newbridge and they need to be on the Clydesdale approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend a ?

I own a studio flat in Newbridge. The start date for the lease was in 1992 for 99 years. Now I am looking to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?

The terms for the lease on my flat in Newbridge are 101 years from 1 Sep 1980. Please provide me a quote to extend the lease if I give you more information please?

I an interested in finding out more about leasehold property buying. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Newbridge area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?

We are buying a studio flat in Newbridge which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do a pre-completion search on the lease. The problem 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 have to be patient until the new lease is registered?

I'm looking for some advice concerning a lease extension on my maisonette. The plan is to do this next winter 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. Can you recommend a good with expertise in lease extensions. Preferably nearby in Newbridge?

We know that others in the same block had already had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?

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?

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