Pontypool Lease Extensions

Common questions relating to Pontypool Lease Extensions

We are the registered owners of a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Pontypool and looking to do a vesting order. Is this something you can handle for us?

I need to talk to you about a leasehold property in Pontypool, I am thinking of buying at auction next month. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.

I am in need of a lease extension for my flat in Pontypool and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I am looking to buy a one bed flat in Pontypool for asking price of 125k, which has fivety four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

I would like some help on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Pontypool 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 would like to know the cost of a lease extension valuation for a property based in Pontypool. Would you be able to help?

Coming up to 2 years that I have owned my studio flat in Pontypool. I have seventy two yrs outstanding on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Pontypool based or any will do fine?

We are in the throws of buying a home (a studio flat based inPontypool with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years unexpired. We identified a flat we fell in love with and the selling agent assured that the lease term was not an issue. Today our told us the lease only has 57 years and thus needs a lease extension. Should we run away, or do we reduce our offer?

Are you able to provide an estimate to extend my mum’s lease on a garden flat in Pontypool. She recently got a figure from the landlord for a lease extension but I am not sure it is too expensive.

I am currently negotiating a lease extension for my flat in Pontypool 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 Pontypool