Top Ten Questions relating to Trelogan Lease Extensions

  • My name´s Ollie. I’m house hunting in Trelogan I'm seeing a studio flat online, with about 68 years remaining, how much does it cost on average to extend in this location by, say, 25 years?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 69 years unexpired.
  • Possibly made a mistake, I am seeking a in Trelogan who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • I will soon view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 67 years unexpired on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I wondered if you could help me on how much it would cost and the best way to start the lease extension process? I have approximately fivety eight years unexpired lease and I own a one bedroom apartment in Trelogan.
  • We are looking to extend our lease. We will have been in the flat for 2 years as of 1st April 2015. It has around 66 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • I am looking to buy a one bed flat in Trelogan for asking price of 145k, which has fivety eight years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My brother and I would like to know the cost of a lease extension valuation for a property based in Trelogan. Is this something you can assist us with?
  • I am currently negotiating a lease extension for my flat in Trelogan 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?
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Trelogan. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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