Recently asked questions relating to Rhayader Lease Extensions

  • I am looking into the costs of carrying out a lease extension for my garden flat in Rhayader, and would like some figures on that.
  • We inherited a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Rhayader and looking to do a vesting order. Is this something you can help us with?
  • I'm looking for an apartment to purchase in Rhayader and I'm not really familiar with the leasehold title. I've found a studio flat I like with a 82 years lease. I've read that I can go for a lease extension after 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I will soon view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 71 years left on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • I am the owner of a purpose-built apartment in a large development in Rhayader. The leasehold interest in the apartment on a 99 year lease which commenced on 30th October 1970 with a non-reviewable yearly rent of 20. I wish to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • If a leaseholder 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 extending the lease?
  • My brother and I have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Rhayader. We have a 61 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Rhayader for a one bed flat - sec 42 is already served?
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Rhayader. I live in the top flat. I was looking at the title deeds yesterday when I noticed that my flat has a lease on it. There is 65 years balance left. Can one carry out a lease extension without retaining a conveyancers?
  • We are concerned about obtaining a lease extension from tricky freeholder. Even though the correct procedures were adhered to under the appropriate legislation, the landlord still attempted to get ground rent of £250 increasing by 100% every 25 years of the new term. Can you help?
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    Lease Extensions in Rhayader

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