Top Ten Questions relating to Risca Lease Extensions

  • I’m thinking about a lease extension for our garden flat located in Risca and we don't fully comprehend the communication that we got from our landlord company. How long will it take?
  • I bought a property in Risca and it has nearly 66 years remaining. I'd like to arrange a lease extension by twenty years
  • I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Risca - I wanted to see if with your services this could be extended?
  • I'm deliberating over buying a three bed flat (leasehold) but the freeholder has been missing for around 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for right to manage?
  • I have my suspicions that my daughter is being hoodwinked. She put in an offer on a studio flat in Risca, where the lease is nearon seventy years but she was informed by the estate agents that the owner had extended it to 99 years. She has now been advised the vendor was holding off for her to retain conveyancers ahead of instigating the lease extension. Sounds underhand, also it could take a while to sort it all out. Am I being too sceptical?
  • Regarding a property in Risca. lower maisonette. sixety nine yrs remaining. I have negotiated a lease extension price of £12,000 for 125yrs. Freeholder also requested Initial Notice which I think is a tad over the top. Can you assist.
  • Me and my wife are considering buying a two bedroom ground floor purpose built flat in Risca which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • Offer accepted on a a studio 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 85 years.Contracts were due to be exchanged within a week. My query is Should I tell the flat owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I am in need of a lease extension for my flat in Risca and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I have 65 years remaining on my lease of a ground floor flat in Risca, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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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