Cathays Lease Extensions: Q and A’s

  • My name´s Noah. I’m flat hunting in Cathays I'm seeing a garden flat online, with nearly fivety five years remaining, how much will it likely cost to extend in this location by, say, thirty years?
  • I purchased a property in Cathays and it has around 59 years outstanding. I'd like to arrange a lease extension by twenty years
  • I need to extend my existing lease can you help me with that? I think it has 65 years residual lease term
  • I plan on buying a flat based in Cathays. The offer is conditional upon a lease extension. The owner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Godiva Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • I am considering acquiring an auction property and came upon a one bed flat in Cathays. It has just fifty-one year lease..the vendor being mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with The Mortgage Works?
  • I have a share of the freehold. There are three flats in the block. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • My husband has a share of freehold, with two other leaseholders in a building in Cathays. House split into three apartments. He has a lease, which has circa 66 years remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Cathays. I reside in the top flat. I was looking at the land registry documents recently when I noticed that my flat is leasehold. There is sixety four years balance left. If I want a lease extension then would I simply be paying for the costs?
  • We are concerned about obtaining a lease extension from a difficult landlord. Even though the legal procedures were followed under the appropriate legislation, the freeholder still attempted to charge ground rent of £300 doubling every twenty years of the new term. Can you assist?
  • Do you handle lease extensions on land? (a plot of land in Cathays with 82yrs remaining)
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Cathays