Frequently asked questions relating to Penllergaer Lease Extensions

  • I bought a flat in Penllergaer with a leasehold unexpired around sixety years and need a lease extension. Please can you advise me of the next stages
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Penllergaer, and my lease will reach 57 years this April. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I'm deliberating over purchasing a one bedroom first floor purpose built flat (leasehold) but the landlord has been absent for circa 15yrs. My query is would it be less expensive to try to acquire the freehold or to extend lease and apply for RTM?
  • I need to talk to you about an apartment in Penllergaer, I am considering buying at auction next month. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I'm looking for an apartment to buy in Penllergaer and I'm not really familiar with the leasehold concept. I've identified a maisonette I like with a 82 years lease. I've read that I can get a lease extension after a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender Barnsley Building Society?
  • My mortgage provider is requesting a £500 fee for their conveyancers to agree a lease extension for my flat in Penllergaer... I can find no mention of this in my mortgage booklet... is this a usual charge?
  • Just been over 2 years that I have owned my garden flat in Penllergaer. I have sixety seven years left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I do not need a lease extension but I do need a vesting order on a property I want to purchase in Penllergaer. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the garden area.
  • We are hoping to acquire a flat (a garden flat located inPenllergaer with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years outstanding. We found a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our conveyancing practitioners advised us the lease only has 70 years and thus requires a lease extension. Should we run away, or do we negotiate our offer?
  • We have a one bedroom apartment in Penllergaer with a lease of seventy eight years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
  • Other Topics

    Lease Extensions in Penllergaer

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