Examples of recent questions relating to Lease Extensions in Old St Mellons

  • I invested in buying a property in Old St Mellons and it has about 59 years remaining. I'd like to extend the lease period
  • I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in Old St Mellons - I wanted to see if with your services it is possible for this to be extended?
  • The terms for the lease on my flat in Old St Mellons are 99 years from 14 Sep 1989. Can you provide me a quote to extend the lease if I give you more information please?
  • I am concerned that my daughter is being hoodwinked. She submitted an offer on a maisonette in Old St Mellons, where the lease is approximately seventy nine years but she was advised by the selling agents that the owner had extended it to 125 years. She has now been advised the current owner was waiting for her to instruct lawyers ahead of instigating the lease extension. Sounds devious, also it may take a while to sort it all out. Am I being too sceptical?
  • We are proceeding with a purchase of a one bedroom first floor purpose built maisonette in Old St Mellons. I was informed that the lease had been extended (sixety three years unexpired lease prior to extension). The sales particulars said "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The flat owner supposedly has a quote but no funds to extend as a result the vendor wants to exchange and use the my deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that Godiva Mortgages Ltd won't lend on a lease?
  • I'm living with my mother and father but have a maisonette in Old St Mellons let out which has a sixety two 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 Old St Mellons 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 13k. Should I keep or sell the flat?
  • I do not need a lease extension but I do require a vesting order on a property I want to buy in Old St Mellons. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
  • I note that your website states the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my studio flat in Old St Mellons
  • Me and my wife are hoping to acquire a property (a ground floor flat located inOld St Mellons with share of freehold). Throughout our search, we were always looking at properties that had a minimum 83 years outstanding. We found a place we fell in love with and the estate agent assured that the lease term was not an issue. Yesterday our property lawyers advised us the lease only has 64 years and therefore requires a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I'm hoping for some help with regard to a lease extension on my apartment. The intention is to do this sometime next year 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 LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Old St Mellons

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