Sample questions relating to Penllergaer Lease Extensions

  • I bought a flat in Penllergaer with a leasehold unexpired approximately 70 years and need a lease extension. Please can you advise me of the next stages
  • I own a maisonette in Penllergaer. The lease commenced in 1998 for 99 years. Now I am wanting to extend the lease. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • I own a garden flat in Penllergaer. I am looking for a lease extension on the property. It is approaching eighty years. I would just like to know what your charges are and how long the process takes.
  • I have a leasehold apartment in Penllergaer. I have built a large extension and have not informed my leaseholder. What should I do?
  • We have a ground floor flat in Penllergaer with sixety two years remaining. Ten months ago we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of approximately 9k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • My apartment in Penllergaer is up for sale and I have a hopefully firm offer. There is 79 years to run on the lease and I want to extend the lease. How much will it likely cost to extend in this area by, say,ninety years
  • My father has a share of freehold, with two other leaseholders in a building in Penllergaer. House divided into three apartments. He has a lease, which has around seventy nine yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • Just been over 2 years that I have been in my ground floor flat in Penllergaer. I have sixety nine years remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • Hello I am the freeholder interest in a 3 bedroom flat in Penllergaer. The leaseholder has a 57 year lease and would like to purchase an additional 125 years. He is offering me £21,000 but I am unsure if this is in the right ballpark
  • My fiance and I are buying a maisonette in Penllergaer which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our property lawyers to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we have to hold on until the new lease is registered?
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    Lease Extensions in Penllergaer

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