Lease Extensions in Porth

Common questions relating to Porth Lease Extensions

I have shares in the freehold of buildings comprising of six flats each. Two of the leasehold owners want a lease extension and I'm wondering about the procedure for this

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

I would like to have my residential flat leasehold extension premium assessed. The flat is in Porth, and my lease will reach fivety nine years this March. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?

I purchased a garden flat in Porth. I am looking to extend lease on the property. It is approximately eighty one years. I would just like to know what your charges are and how long it would take for completion.

My mortgage provider requires several hundred pounds for their to agree a lease extension for my flat in Porth... I can find no reference of this in my mortgage guide... is this a usual cost that they charge?

I am looking to extend the lease on my one bedroom first floor purpose built flat in Porth I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.

If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?

I own the freehold of a 2 bedroom flat in Porth. The leaseholders have 72 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?

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

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my 2 bed flat in Porth

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