Rudry Lease Extensions

Recently asked questions relating to Rudry Lease Extensions

We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 798 years unexpired so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.

Hello. I need a to have a look at my lease extension prior to it being completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.

I inherited a ground floor flat in Rudry. The lease commenced in 2001 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?

We purchased a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Rudry and looking to do a vesting order. Is this something you can help us with?

I am looking to either purchase the freehold or a lease extension of my property in Rudry and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Bank of Ireland to release of equity. The adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease began in 1981 and since then the ground rent has increased from £25.00 per annum to £200 per year.

I am a first time buyer of a leasehold flat in Rudry. The lease has just 64 years unexpired and ground rent is £75. Is it possible for the owner to serve the Notice of Claim and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the homeowner? To add to the complexity it’s the case of an missing freeholder, so I am not sure how this will play out.

Re a leasehold in Rudry. GFF maisonette. 77 yrs unexpired. I have an agreed lease extension to £12,000 for 135yrs. Freeholder also requested Notice of Claim which I think is a bit over the top. Advice required.

I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 75 years. I need a at my end. Can you advise please? I live near Rudry and have a mortgage with Norwich and Peterborough Building Society.

I note that your website states the likely fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my garden flat in Rudry

I have sixety two years remaining on my lease of a ground floor flat in Rudry, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

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