FAQs concerning Tregaron Lease Extensions

  • Hi, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a two bedroom second floor purpose built flat in Tregaron. It's on sale at the moment but has circa 55 years unexpired lease on the lease
  • I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm curious about the procedure for this
  • I need to extend my existing lease can you assist? I think it has 57 years balance left
  • I am looking into the costs of carrying out a lease extension for my maisonette in Tregaron, and would like some figures on that.
  • I will soon view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 66 years outstanding on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • I am thinking about purchasing an auction property and came upon a studio flat in Tregaron. It only has a 50 year lease..the vendor being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Aldermore?
  • I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Tregaron. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my 2 bed flat in Tregaron
  • My husband and I are hoping to purchase a flat (a one bedroom apartment located inTregaron with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 83 years outstanding. We identified a apartment we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our lawyers advised us the lease only has 54 years and therefore requires a lease extension. Do we run away, or should 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?
  • My and my partner know that others in the same building had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you recommend this course of action?
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    Lease Extensions in Tregaron

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