Recently asked questions relating to Cardigan Lease Extensions

  • I want to acquire a leasehold property and extend the lease. The current owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 60 years outstanding.
  • 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 contacted my freeholder to extend my lease for my flat in Cardigan. His conveyancing practitioners has been in contact with charges etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started August 1992.
  • I inherited a maisonette in Cardigan. The lease commenced in 1997 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • Possibly made an error, I am actually looking for a conveyancers in Cardigan who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • I am the registered owner of a garden flat in Cardigan. I am looking for a lease extension on the property. It is nearly 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I am a first time buyer of a leasehold flat in Cardigan. The lease has only 59 years balance left and ground rent is £75. Is it possible for the seller to serve the Notice of Claim and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the vendor? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
  • My partner and I have a first floor flat in Cardigan with 58 years unexpired. Ten months ago we were quoted a deal to have a lease extension for another thirty years but also uplift the ground rent from nominal to £300 per year..plus a premium I think of about 10k. Finally we have decided to go ahead but do we now have to renegotiate?
  • My brother and I are considering buying a garden flat in Cardigan which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
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    Lease Extensions in Cardigan

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