Recently asked questions relating to Risca Lease Extensions

  • We have just acquired a maisonette located inRisca and I'm thinking about extending the lease as soon as practicable e.g. in 24 months of ownership
  • I want to buy a leasehold property and lease extension. The vendor has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking to buy a one bedroom apartment in Risca with a lease of 77 years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Risca, and my lease will reach 74 years this July. 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 have contacted my freeholder for a lease extension for my flat in Risca. Her solicitors has been in contact concerning costs etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started June 1987.
  • Is it possible to talk with you about a leasehold property in Risca, I am thinking of bidding at auction next week. The flat only has a few years left and I am curious about how much it would cost to get a lease extension and for your services.
  • I have a share of the freehold. There are four flats in the house. All the leaseholders are now requiring lease extensions. What's your solicitors fee?
  • My wife and I are considering purchasing a studio flat in Risca which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • I'm seeking some assistance with regard to extending the lease on my apartment. I'll be looking to do this in six months time as we need 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 LVT route. Can you recommend a good property lawyers with expertise in lease extensions. Ideally nearby in Risca?
  • 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?
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    Lease Extensions in Risca

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