Sample questions relating to Llanishen Lease Extensions

  • I have just bought a garden flat located inLlanishen and I'm thinking about a lease extension as soon as I can e.g. after a couple of years
  • I’m just looking for a ground floor flat to purchase in the Llanishen area and was interested in finding out what the likely fees would be to extend a lease? It has 61 years as a balance left...
  • I am the owner of a maisonnette together with the freehold title. My upstairs neighbours have asked to extend the lease what do I need to do?
  • We invested in buying a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Llanishen and looking to do a vesting order. Is this something you can handle for us?
  • I am thinking about whether to 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 £4k to extend the lease. I will be doing a get a new mortgage with Britannia to release of equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease began in 1972 and since then the ground rent has been raised from £25.00 per year to £300 per year.
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 72 years. I need a conveyancing practitioners at my end. Can you advise please? I live near Llanishen and have a mortgage with Alliance & Leicester .
  • I am the freeholder of a Georgian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 55 years. What are my next steps?
  • Just been over two years that I have owned my ground floor flat in Llanishen. I have 58 years outstanding on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Llanishen for a two bed flat - sec 42 is already served?
  • Me and my partner are hoping to purchase a property (a two bedroom first floor purpose built flat located inLlanishen with share of freehold). During our search, we were always looking at flats that had a minimum 83 years residual lease term. We identified a apartment we liked and the selling agent promised us that the lease term was not an issue. Today our conveyancers told us the lease only has 64 years and thus needs a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
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    Lease Extensions in Llanishen

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