Llandough Lease Extensions

Frequently asked questions relating to Llandough Lease Extensions

I’m about to offer on a a property to buy in the Llandough area and was interested in finding out what the likely fees would be to extend a lease? It has 79 years remaining...

I want to buy a leasehold property and extend the lease. The seller has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I have a lease of seventy years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am looking for a in Llandough and they should be on the Nottingham Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?

I am about to view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 60 years outstanding on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

My mortgage provider is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Llandough... I can find no reference of this in my mortgage literature... is this a usual cost that they charge?

I am considering buying an auction property and found a studio flat in Llandough. It only has a 41 year lease..the seller as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and reduced chance of getting a mortgage with Barclays ?

I'm intent on acquiring a flat in Llandough valued at £210,000 the flat has approximately 72 years unexpired 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 Christmas. The owner has just come back saying they are willing to reduce the price by£8k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer

We have a studio flat in Llandough with a lease of 71 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Llandough. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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