Lease Extensions in Penllergaer

Penllergaer Lease Extensions: Q and A’s

I’m just looking for a one bedroom apartment to buy in the Penllergaer area and was after more information on what the likely fees would be to extend a lease? It has 64 years outstanding...

I purchased a one bedroom apartment in Penllergaer. The start date for the lease was in 1997 for 99 years. Now I am looking for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?

I'm deliberating over buying a garden flat (leasehold) but the freeholder has been absent for nearly 15yrs. My question is would it be less expensive to try to acquire the reversionary title or to extend lease and apply for RTM?

I am about to view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has sixety three years remaining on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

I own a share of the freehold. There are five apartments in the house. All the leaseholders are now seeking lease extensions. Are you willing to assist us with this situation?

We are looking to extend our lease having owned the flat for 2 years as of 22nd March 2015. It has slightly more than fivety eight years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.

Although I do not need a lease extension but I do require a vesting order on a property I want to acquire in Penllergaer. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.

We currently own a garden flat in Penllergaer and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 60 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

I am currently negotiating a lease extension for my flat in Penllergaer 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?

Do you handle lease extensions on land? (a plot of land in Penllergaer with 82yrs remaining)

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