Lease Extensions in Llanrumney

Frequently asked questions relating to Llanrumney Lease Extensions

I think our has advised us incorrectly concerning a lease extension and I want to find out how to complain

I plan on buying a flat based in Llanrumney. The offer is conditional upon a lease extension. The seller’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Nottingham Building Society. Moreover, which are the following lease extension steps to complete the purchase?

We are in a building of four flats in Llanrumney and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

In 2010 I purchased a leasehold flat in Llanrumney. I have built a big extension and have not informed the leaseholder. What are my options?

We are considering buying a two bedroom ground floor purpose built maisonette in Llanrumney which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?

I am the owner of a purpose-built apartment located in a large block in Llanrumney. The leasehold interest in the flat on a 101 year lease started on 30th March 1969 with a set yearly rent of 20. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?

If somebody owns a flat with a lease of less than 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'm seeking some advice with regard to a lease extension on my apartment. I'll be looking to do this sometime next year as we have to 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. Can you recommend a good with expertise in lease extensions. Ideally based in Llanrumney?

I know that others in the same block had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?

I am currently in the process of remortgaging my garden flat in Llanrumney and the bank that I am looking to move to requires a minimum 85 years on the leasehold of my property in order for them to progress matters. We currently have around sixety one years on the leasehold so require some help, guidance, and some quotes to start the lease extension process

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