Pantymwyn Lease Extensions

Top Ten Questions relating to Pantymwyn Lease Extensions

So this is the scenario: I bought a garden flat in Pantymwyn that I am now unable to sell as a result of the lease requiring a lease extension. What's your legal fee ?

I plan on buying a flat located in Pantymwyn. The offer is conditional upon a lease extension. The seller’s has given to the freeholder the Section 42 Notice. 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 Skipton Building Society. Moreover, which are the following lease extension steps to complete the purchase?

The intention is to sell our garden flat in Pantymwyn but we may require a lease extension, or at least cover the costs of our purchaser. Can you help me find a to assist?

I am looking into the costs of carrying out a lease extension for my maisonette in Pantymwyn, and would like some figures on that.

I am looking to either purchase the freehold or a lease extension of my property in Pantymwyn and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Bank of Scotland to free up equity. The adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per annum to £100 per annum.

In 2010 I purchased a leasehold apartment in Pantymwyn. I have built a large extension and have not informed the leaseholder. What should I do?

I am a FTB of a leasehold flat in Pantymwyn. The lease has only 74 years balance left and ground rent is £50. Is it possible for the homeowner to serve the Notice of Claim and then assign this right to me as the buyer once I complete the buying process so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the vendor? To add to the complexity the landlord is absent, so I am not sure how this will play out.

My husband and I have owned a leasehold flat for about twenty years. It now has 66 years unexpired lease on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.

I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around sixety two years. I need a at my end. Can you advise please? I live near Pantymwyn and have a mortgage with Birmingham Midshires.

I am currently negotiating a lease extension for my flat in Pantymwyn as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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