Frequently asked questions relating to Rhymney Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want to extend their leases and I'm curious about the the process
  • I am interested in getting a lease extension for a flat in Rhymney and want to use a local conveyancers. Is there a conveyancing practitioners that you can recommend?
  • I am looking into the costs of carrying out a lease extension for my 2 bed flat in Rhymney, and would like some figures on that.
  • I am looking to buy a one bed flat in Rhymney for asking price of 125k, which has fivety four years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. 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 am the freeholder of a Edwardian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 63 years. What are my next steps?
  • Just been over 2 years that I have owned my studio flat in Rhymney. I have 56 yrs unexpired lease on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the total cost excluding value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my three bedroom second floor purpose built flat in Rhymney
  • I am the registered freeholder to two flats. Someone has the lease on the ground flat in Rhymney. I occupy in the top flat. I was looking at the title deeds yesterday when I noticed that my flat is leasehold. There is 60 years balance left. Can one do a lease extension without retaining a property lawyers?
  • My and my fiance are concerned about obtaining a lease extension from an objectionable landlord. Even though the correct procedures were followed under the 1993 Act, the landlord still attempted to get ground rent of £200 doubling every twenty years of the new lease. Can you assist?
  • I am planning on refinancing my studio flat in Rhymney and the new lender that I am looking to move to requires at least 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around seventy seven years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
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    Lease Extensions in Rhymney

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