Rogerstone Lease Extensions

Rogerstone Lease Extensions Example Support Desk Enquiries

I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Rogerstone - I wanted to see if with your services this could be extended?

I'm deliberating over purchasing a garden flat (leasehold) but the freeholder has been absent for approximately 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for RTM?

We are in a building made up three flats in Rogerstone and have been offered to buy the freehold for 5k 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 am concerned that my daughter is being hoodwinked. She submitted an offer on a studio flat in Rogerstone, where the lease is approximately 54 years but she was informed by the selling agents that the current owner had extended it to 125 years. She has now been advised the flat owner was waiting for her to appoint lawyers ahead of instigating the lease extension. Seems underhand, also it could take time to sort it all out. Am I reading too much into it?

I am considering bidding for an auction property and came upon a one bed flat in Rogerstone. It only has a 50 year lease..the vendor as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this except for the expensive fee to extend the lease and reduced chance of getting a mortgage with The Mortgage Works?

I intend to buy a one bed flat in Rogerstone for asking price of 125k, which has seventy nine 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 landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?

My wife and I are aware that others in the same building had already had a lease extension, and the freeholder seemed reasonable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend such a course of action?

I require an estimate to extend my mother’s lease on a studio flat in Rogerstone. She recently got a price from the freeholder for a lease extension but I am unclear whether it is too high.

I'm looking for some advice with regard to a lease extension on my garden flat in Rogerstone. 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 Rogerstone