Recently asked questions relating to Tregaron Lease Extensions

  • I'm thinking of purchasing a ground floor flat (leasehold) but the freeholder has been missing for about 15yrs. My query is would it be less expensive to try to purchase the freehold or to get a lease extension and apply for right to manage?
  • The terms for the lease on my apartment in Tregaron are 95 years from 15 Dec 1980. Can you supply me me a quote to extend the lease if I give you more information please?
  • I own a garden flat in Tregaron. I am looking for a lease extension on the property. It is roughly eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • We are the registered owners of a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Tregaron and are therefore considering the option of a vesting order. Is this something you can handle for us?
  • My mortgage lender is requesting several hundred pounds for their to agree a lease extension for my flat in Tregaron... I am unable to find any reference of this in my mortgage booklet... is this a normal cost that they charge?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Hi I am the freeholder reversion in a 3 bedroom flat in Tregaron. The leaseholder has a seventy seven year lease and would like to purchase further 90 years. He is offering me £27,000 but I am unsure if this is in the right ballpark
  • Me and my partner are hoping to buy a property (a studio flat inTregaron with share of freehold). During our search, we were always looking at apartments that had at least eighty five years left on the lease. We identified a place we liked and the estate agent assured that the lease term was not an issue. Yesterday our told us the lease only has sixety three years and therefore needs a lease extension. Do we walk 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?
  • We currently own a ground floor flat in Tregaron and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 68 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I have a lease of 76 years remaining on my flat in Tregaron. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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