Cardigan Lease Extensions: Q and A’s

  • I inherited a property in Cardigan and it has around sixety seven years unexpired. I'd like to arrange a lease extension by twenty years
  • I purchased a garden flat based in Cardigan with a leasehold unexpired of 77 years. I am enquiring about how much I will need to spend to extend my lease
  • I am about to put an offer in on a 2 bed flat in Cardigan with a lease of 77 years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I'm considering buying a maisonette (leasehold) but the freeholder has been absent for just over 15yrs. My query is would it be cheaper to try to purchase the freehold or to extend lease and apply for RTM?
  • I am about to view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy one years outstanding on the lease. It is also a repo so I'm assuming that the lender will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I an interested in finding out more about purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Cardigan 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?
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my maisonette in Cardigan
  • I'm looking at acquiring a flat in Cardigan at a price of £210,000 the flat has something like 72 years remaining on the lease. My offer was subject to a lease extension... .. that was back in August, hoping I'd have completed by Christmas. The seller has just informed the agent that they are prepared to knock £4k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I require an estimate to extend my mother’s lease on a ground floor flat in Cardigan. She already has a figure from the freeholder for a lease extension but I am not sure it is reasonable.

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