Sample questions relating to Tonteg Lease Extensions

  • 40k agreed with the freeholder, just seeking to find a Tonteg for a lease extension. Our flat has slightly less 69 yrsleft. How long will this take ?
  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the the process
  • My wife has a flat located in Tonteg which we are about to put on the market. The leasehold has roughly 60 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • Do you only do lease extensions in Tonteg? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .
  • Hi. I need someone to have a look at my lease extension prior to it being signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few small changes.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Tonteg, and my lease will reach seventy three years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I'm looking for an apartment to buy in Tonteg and I'm not really familiar with the leasehold title. I've found a garden flat I like with a 91 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 74 years. I need a at my end. Can you advise please? I live near Tonteg and have a mortgage with Yorkshire Building Society.
  • 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 extending the lease?
  • We are in the throws of buying a home (a one bedroom apartment based inTonteg with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years residual lease term. We identified a flat we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our informed us the lease only has seventy nine years and therefore needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

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