Top Ten Questions relating to Penarth Lease Extensions

  • I want to buy a leasehold property and lease extension. The current owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I plan on buying a flat in Penarth. The offer is conditional upon a lease extension. The seller’s property lawyers has served 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 Halifax. Moreover, which are the following lease extension steps to complete the purchase?
  • Think I may have made a mistake, I am seeking a lawyers in Penarth who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
  • I will soon view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has seventy nine years outstanding on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • We have a one bedroom flat located in Penarth. There is eighty years to run on the lease and we want to extend the lease. What does it cost on average to extend in this location by, say,35 years
  • Offer accepted on a a studio flat in Penarth, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My question is Is it not odd that my property lawyers failed to spot this far earlier than just before exchange?
  • I am looking for advice as I am interested in a property that has only a fivety four year lease and therefore requires a lease extension. Can I call someone to discuss my options please?
  • I note that your website states the likely fee to extend a lease is £495. Is that the total cost excluding value added tax and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Penarth
  • Just a quick question, how much does it cost for a lease extension on a residential property in Penarth for a two bed flat - section 42 having been issued?
  • We have a three bed flat in Penarth with a lease of seventy six years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Penarth

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