Penarth Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Penarth Lease Extensions
My partner has a flat based in Penarth which we have just put on the market. The leasehold has around fivety six years remaining 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? Many thanks.
I want to buy a leasehold property and lease extension. The current owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I acquired a garden flat based in Penarth with a leasehold unexpired of fivety eight years. I am curious about what it will cost me to extend my lease term
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
My co-lessees and I are in a building made up three flats in Penarth 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?
I own a leasehold apartment in Penarth. I have built a large extension and have not informed my freeholder. What are my options?
I'm looking for a flat to buy in Penarth and I'm not really familiar with the leasehold concept. I've found a three bedroom first floor purpose built flat I like with a 82 years lease. My research reveals that I can apply for a lease extension having owned the property for 2 years, but:- Is this a given?
Offer accepted on a a garden flat in Penarth, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged in a couple of days. My query is why has this only just been brought to my attention by my property lawyers?
I'm looking at acquiring an apartment in Penarth valued at £256,000 the flat has approximately 63 years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in August, expecting I'd have moved in by now. The seller has just come back saying that they are prepared to knock £4k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
I have sixety one years remaining on my lease of a ground floor flat in Penarth, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high