Lisvane Lease Extensions

Top Ten Questions relating to Lisvane Lease Extensions

40k agreed with the freeholder, just seeking to find a Lisvane for a lease extension. Our flat has around 77 yrsleft. What's your legal fee ?

We are the registered owners of a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Lisvane and are therefore thinking about the option of a vesting order. Is this something you can help us with?

I am concerned that my niece is being hoodwinked. She submitted an offer on a ground floor flat in Lisvane, where the lease is around sixety three years but she was told by the estate agents that the owner had extended it to 125 years. Only now has she been told the vendor was waiting for her to retain solicitors before commencing with the lease extension. Sounds unscrupulous, also it could take months to sort it all out. Am I reading too much into it?

My wife and I have a first floor flat in Lisvane with fivety four years to run. Last year we were quoted a deal to grant a lease extension for another thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 14k. Finally we have decided to proceed but do we now have to start the negotiations again?

Offer accepted on a a two bedroom ground floor purpose built flat in Lisvane, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.We are about to exchange contracts within a week. My query is Should I tell the flat owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?

I am the freeholder of a Georgian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy two years. What are my next steps?

We have been in discussion with our freeholder after having a valuation on our garden flat in Lisvane. We have a 73 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

I am currently negotiating a lease extension for my flat in Lisvane as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Lisvane

We have a two bedroom second floor purpose built flat in Lisvane with a lease of fivety six years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

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