Risca Lease Extensions

FAQs concerning Risca Lease Extensions

Hi, I am looking somewhere around or in Risca 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?

I am looking to extend the lease on my ground floor flat in Risca which will have sixety two years remaining in June. What fees do you charge for this?

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?

We hope to sell our garden flat in Risca but we may require a lease extension, or possibly cover the expense of our buyers. Can you help me find a to undertake the legal formalities?

I am looking into the costs of carrying out a lease extension for my one bedroom ground floor purpose built maisonette in Risca, and would like some figures on that.

We bought a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Risca and are therefore deliberating the option of a vesting order. Is this something you can help us with?

Me and my wife are proceeding with a purchase of a studio flat in Risca. I was told that the lease had been extended (59 years remaining prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The flat owner supposedly has a quote but no money to extend as a result the current owner wants to exchange and use the deposit monies to extend the lease. My question is is it not odd that my failed to spot this far earlier than just before exchange?

I am the freeholder of a property in Risca where the leaseholder would like a lease extension. Her valuer has suggested a figure of £8,000, but has upped this by £2,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to face?

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 was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Risca

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