FAQs concerning Treorchy Lease Extensions

  • I'm intending to make an offer on a house in Treorchy but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Santander giving us the mortgage now?
  • I'm looking for a flat to purchase in Treorchy and I'm not really familiar with the leasehold title. I've found a studio flat I like with a 87 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
  • I am concerned that my daughter is being hoodwinked. She submitted an offer on a one bedroom apartment in Treorchy, where the lease is circa seventy years but she was told by the estate agents that the homeowner had extended it to 99 years. Only now has she been told the homeowner was waiting for her to instruct solicitors ahead of instigating the lease extension. Sounds underhand, also it will take a while to sort it all out. Am I being too sceptical?
  • We have a first floor flat in Treorchy with 60 years left. Last year we were quoted a deal to grant a lease extension for a further thirty years but also increase ground rent from notional to a little more..plus a premium I think of about 16k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • My flat in Treorchy is up for sale and I have a hopefully firm offer. There is 82 years to run on the lease and I want a lease extension. What does it cost on average to extend in this area by, say,ninety years
  • We would like to know the cost of a lease extension valuation for a property based in Treorchy. Would you be able to help?
  • Me and my OH are buying a three bed flat in Treorchy which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our conveyancing practitioners to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to hold on until the new lease is registered?
  • We are worried about seeking a lease extension from a difficult freeholder. Even though the correct procedures were adhered to under the 1993 Act, the freeholder still tried to get ground rent of £300 doubling every twenty five years of the new term. Can you assist?
  • We have a maisonette in Treorchy with a lease of seventy seven years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Treorchy. 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. Can you recommend a good conveyancing practitioners who specialises in lease extensions?
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    Lease Extensions in Treorchy

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