Common questions relating to Penllergaer Lease Extensions

  • Hi, I am looking somewhere around or in Penllergaer 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • I have an interest in the freehold of buildings comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm wondering about the procedure for this
  • I am looking to extend the lease on my three bed apartment in Penllergaer which will have seventy four years remaining in August. What fees do you charge for this?
  • 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?
  • Me and my wife are considering purchasing a studio flat in Penllergaer which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • Offer accepted on a a maisonette in Penllergaer, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.We are soon to exchange contracts in a couple of days. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Penllergaer. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If a leaseholder owns a flat with a lease of less than 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 doing it?
  • I'm intent on purchasing an apartment in Penllergaer at a price of £256,000 the flat has something like seventy three years remaining on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, hoping I'd have moved in by now. The seller has just come back saying they'll knock £4k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • I have 62 years remaining on my lease of a ground floor flat in Penllergaer, 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
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    Lease Extensions in Penllergaer

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