Frequently asked questions relating to Trefnant Lease Extensions

  • I’m just looking for a three bed flat to buy in the Trefnant area and was curious what the likely fees would be for a lease extension? It has 64 years remaining...
  • I am interested in getting a lease extension for a flat in Trefnant and want to use a local . Is there a that you can recommend?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has sixety years outstanding.
  • We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 928 years outstanding so a lease extension is not required. 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.
  • I am looking into the costs of carrying out a lease extension for my maisonette in Trefnant, and would like some figures on that.
  • I need to talk to you about a leasehold property in Trefnant, I am thinking of buying at auction in the next few days. The flat only has a few years outstanding and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • How much will it cost me and what is the best way to get a lease extension started? I have nearon seventy seven years unexpired lease on my lease on a one bedroom second floor purpose built maisonette in Trefnant. I have contacted the managing agents who act on behalf of the freeholder and they provided me with the number of the surveyor. I left a phone message for the valuer but I am not getting any returned calls.
  • I an interested in finding out more about purchasing a leasehold residence. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Trefnant area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • 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?
  • I am currently negotiating a lease extension for my flat in Trefnant 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?

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