Llandough Lease Extensions: Q and A’s

  • My wife has an apartment based in Llandough which we have just put on the market. The leasehold has around fivety six years outstanding on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 70 years outstanding.
  • The terms for the lease on my flat in Llandough are 99 years from 10 Sep 1989. Can you provide me a quote to extend the lease if I give you more information please?
  • I am looking to either purchase the freehold or a lease extension of my property in Llandough and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Clydesdale to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1981 and since then the ground rent has been raised from £15.00 per annum to £200 per year.
  • I am considering buying an auction property and identified a one bed flat in Llandough. It only has a fifty year lease..the vendor being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and reduced chance of getting a mortgage with National Westminster Bank?
  • We have a GFF in Llandough. There is 81 years remaining on the lease and we want a lease extension. How much does it cost on average to get a lease extension by, say,fifty years
  • We are considering buying a maisonette in Llandough which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I intend to buy a one bed flat in Llandough for asking price of 156k, which has 61 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 73 years. I need a property lawyers at my end. Can you advise please? I live near Llandough and have a mortgage with Virgin Money.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Llandough
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    Lease Extensions in Llandough

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