FAQs concerning Llanishen Lease Extensions

  • My partner has a flat located in Llanishen which we are about to put on the market. The leasehold has around 66 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I'm intending to make an offer on a house in Llanishen but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect National Westminster Bank giving us the mortgage now?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.
  • I am looking to either purchase the freehold or a lease extension of my property in Llanishen and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Barclays to free up equity. The broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease began in 1981 and since then the ground rent has been raised from £25.00 per annum to £200 per annum.
  • I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Llanishen. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I have a leasehold property in Llanishen with seventy five years unexpired on the lease. I need a to act for me to get a lease extension. Can you assist?
  • I own the freehold reversion of a property in Llanishen and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this by £2,000 without too much effort. My valuer has suggested a much higher figure. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • I'm seeking some advice concerning a lease extension on my flat. I'll be looking to do this sometime next year as we must move 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 LVT route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I have a lease of sixety years remaining on my flat in Llanishen. 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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