Penllergaer Lease Extensions: Q and A’s

  • Me and my husband are thinking about a lease extension for our leasehold house in Penllergaer and we are confused by the communication that we received from our landlord company. How long will it take?
  • 40k agreed with the freeholder, just seeking to find a Penllergaer solicitors for a lease extension. Our lease has around seventy yrsleft. Are you willing to help us with this situation ?
  • I am interested in getting a lease extension for a flat in Penllergaer and want to use a local solicitors. Is there a conveyancers that you can recommend?
  • I am looking for a solicitors in Penllergaer and they need to be on the Accord Mortgages Ltd approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a lawyers ?
  • I own a maisonnette and the freehold reversion. My downstairs neighbours have asked to extend the lease what do I need to do?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Penllergaer, and my lease will reach fivety nine years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I'm looking for an apartment to purchase in Penllergaer and I'm not really familiar with the leasehold title. I've found a one bedroom apartment I like with a 87 years lease. My research reveals that I can go for a lease extension after 2 years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • I am concerned that my daughter is being hoodwinked. She submitted an offer on a three bedroom second floor purpose built flat in Penllergaer, where the lease is nearon sixety one years but she was told by the estate agents that the homeowner had extended it to 125 years. Only now has she been told the current owner was holding off for her to instruct conveyancers ahead of instigating the lease extension. Seems unscrupulous, also it could take months to sort it all out. What do you think?
  • I am considering purchasing an auction property and came upon a two bed flat in Penllergaer. It only has a 49 year lease..the current owner being mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this other than the costly fee to put a new lease on it and decreased chance of obtaining a mortgage with Virgin Money?
  • 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?
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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