Risca Lease Extensions

Sample questions relating to Risca Lease Extensions

My partner has a flat in Risca which we have just put on the market. The leasehold has roughly 64 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

My co-lessees and I are in a building containing five flats in Risca and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has sixety two years outstanding on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

Are you able to advise on the likely financials and the best way to get a lease extension started? I have roughly 60 years remaining and I own a studio flat in Risca.

Offer accepted on a a garden flat in Risca, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are about to exchange contracts in a couple of days. My query is why has this only just come to my attention by my ?

I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Risca. I would be grateful if you can give me a call when you get a chance to discuss the case.

I'm hoping for some help concerning a lease extension on my apartment. I'll be looking to do this in six months time as we have to 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 tribunal route. Can you recommend a good who specialises in lease extensions. Preferably someone in Risca area?

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

I'm looking for some advice with regard to a lease extension on my ground floor flat in Risca. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good who specialises in lease extensions?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Risca