Frequently asked questions relating to Cathays Lease Extensions

  • I am looking for a lease extension on the lease on my one bedroom apartment in Cathays which will have 70 years outstanding in November. What fees apply?
  • I am considering investing in a second home but it has a lease that expires in twenty years. Its in Cathays - I wanted to see if with your services it is possible for this to be extended?
  • I am looking for a solicitors in Cathays and they need to be on the Halifax approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a property lawyers ?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Cathays, and my lease will reach sixety five years this June. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I will soon view a one bedroom maisonette, 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 74 years left on the lease. It is also a repo so I'm guessing that the bank will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • I am a landlord of a block of flats in Cathays, and the leaseholders are in the process of being granted lease extensions. I should hopefully get the money next month. As I am not on self assessment do I write to HMRC ?
  • My apartment in Cathays is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. How much does it cost on average to extend in this area by, say,45 years
  • I am the freeholder of a Georgian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 55 years. What are my next steps?
  • Coming up to 2 years that I have been in my garden flat in Cathays. I have fivety eight yrs left on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Cathays based conveyancers or any will do fine?
  • I am the freeholder of a property in Cathays and a leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
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    Lease Extensions in Cathays

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