Examples of recent questions relating to Lease Extensions in Llandaff North

  • Hi, I just randomly found this website. I'm seeking prices on what a lease extension will cost for a studio flat in Llandaff North. It's up for sale at the moment but has circa 78 years of unexpired leasehold
  • I invested in buying a garden flat in Llandaff North. I am looking to extend lease on the property. It is circa eighty one years. I would just like to know what your charges are and how long the process takes.
  • I will soon view a one bedroom flat, although not exactly my dream 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 sixety two years left on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage provider is requesting a £500 fee for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Llandaff North... I am unable to find any reference of this in my mortgage guide... is this a normal charge?
  • I am a landlord of a block of flats in Llandaff North, and the tenants are in the process of being issued lease extensions. I should hopefully get funds next month. As I am not on self assessment do I write to the Inland Revenue ?
  • My flat in Llandaff North is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want to extend the lease. What will it likely cost to extend in this location by, say,thirty years
  • I'm looking at purchasing a flat in Llandaff North at a price of £195,000 the flat has just under 63 years left on the lease. I put in an offer subject to a lease extension... .. that was back in November, expecting I'd have moved in before now. The owner has just come back saying they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • We currently own a two bedroom first floor purpose built flat in Llandaff North and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 71 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Llandaff North 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 have a lease of 71 years remaining on my flat in Llandaff North. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Llandaff North

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