Top Ten Questions relating to Ystrad Mynach Lease Extensions

  • I have got a leasehold flat in the Ystrad Mynach area and was enquiring if I could get a lease extension. What are your processes and fees. Has 62 years unexpired
  • I am looking at investing in a second home but it has a lease that expires in fifteen years. Its in Ystrad Mynach - I wanted to see if with your services it is possible for this to be extended?
  • Hi. I need someone to review my lease extension ahead of it being completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
  • 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 am the owner of a maisonnette and the freehold title. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • We are are hoping to complete on a 2 bed flat in Ystrad Mynach which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we have to wait until the new lease is registered?
  • Me and my OH are hoping to buy a flat (a garden flat based inYstrad Mynach with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 83 years residual lease term. We identified a flat we liked and the selling agent promised us that the lease term was not an issue. Yesterday our informed us the lease only has sixety four years and thus needs a lease extension. Should 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?
  • I'm hoping for some assistance with regard to extending the lease on my apartment. I'll be looking to do this sometime next year as we need to move 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 LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I have 56 years remaining on my lease of a ground floor flat in Ystrad Mynach, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

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