FAQs concerning Treuddyn Lease Extensions

  • We agreed with the head landlord for a lease extension on our flat in Treuddyn, 10k for another 90yrs. What's your legal fee ?
  • My wife has an apartment based in Treuddyn which we have just put on the market. The leasehold has roughly sixety five years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.
  • I'm wanting to make an offer on a house in Treuddyn but I'm concerned 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 Barclays giving us the mortgage now?
  • I am looking for a in Treuddyn and they need to be on the Aldermore approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I have a leasehold apartment in Treuddyn. I have built a huge extension and have not informed my leaseholder. What should I do?
  • Re a leasehold in Treuddyn. GFF maisonette. fivety nine yrs remaining. I have an agreed lease extension to £14k for 125yrs. Freeholder also insisted on Notice of Claim which I think should not be required. Can you assist.
  • I would like some advice on purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Treuddyn area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out 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?
  • My partner and I are hoping to buy a property (a two bedroom first floor purpose built maisonette located inTreuddyn with share of freehold). Throughout our search, we were always looking at properties that had a minimum 83 years left on the lease. We came across a place we liked and the estate agent assured that the lease term was not an issue. Yesterday our advised us the lease only has 59 years and thus needs a lease extension. Should 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?

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