Top Ten Questions relating to Penarth Lease Extensions

  • My OH and I are looking for lease extension for our flat located in Penarth and we are confused by the communication that we received from our freehold company. How long will it take?
  • I’m just looking for a ground floor flat to buy in the Penarth area and was enquiring how much would it cost for a lease extension? It has fivety eight years left...
  • I think our has advised us incorrectly concerning a lease extension and I want to know how to complain
  • Hello. I need a to have a look at my lease extension prior to it being signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small variations.
  • The intention is to sell our maisonette in Penarth but we may need to extend the lease, or at least cover the costs of our purchaser. Can you recommend a to handle this?
  • Last year I purchased a leasehold apartment in Penarth. I have built a big extension and have not informed my leaseholder. What are my options?
  • My wife and I have a ground floor flat in Penarth with seventy five years remaining. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from nominal to £250 per year..plus a premium I think of about 16k. We have now decided to move forward but do we now have to start the negotiations again?
  • Just a quick one, how much does it cost for a lease extension on a residential property in Penarth for a three bed flat - sec 42 having been issued?
  • I know that others in the same block previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • I am currently negotiating a lease extension for my flat in Penarth 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 Penarth