Pencoed Lease Extensions

Recently asked questions relating to Pencoed Lease Extensions

My wife has a flat based in Pencoed which we are about to put on the market. The leasehold has just over 64 years left 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.

We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years outstanding so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any help would be much appreciated.

I am looking to purchase a two bedroom first floor purpose built flat in Pencoed with a lease of seventy one years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

The terms for the lease on my apartment in Pencoed are 101 years from 15 Dec 1989. Can you provide me a quote to extend the lease if I give you more details please?

How much will I need to spend and what is the best way to start the lease extension process? I have about sixety three years unexpired lease on my lease on a maisonette in Pencoed. I have contacted the agent who represent the head landlord and they gave me the number of the surveyor. I telephone the valuer but I am not getting any returned calls.

Regarding a property in Pencoed. lower maisonette. fivety four yrs remaining. I have negotiated a lease extension price of £12,000 for 135yrs. Landlord also insisted on Initial Notice which I think should not be necessary. Advice required.

We are proceeding with a purchase of a garden flat in Pencoed. I was informed that the lease had been lengthened (74 years left prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The seller apparently has a quote but no finances to extend as a result the owner wants to exchange and use the 10% deposit for the lease extension. My question is why has this only just been brought to my attention by my ?

I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 67 years. I need a at my end. Can you advise please? I live near Pencoed and have a mortgage with TSB.

If somebody owns a flat with a lease of under 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 hoping for some assistance with regard to extending the lease on my maisonette. I'll be looking to do this in nine months time as we must 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 tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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