Pentre Lease Extensions: Q and A’s

  • I’m just looking for a one bedroom apartment to buy in the Pentre area and was interested in finding out what the likely fees would be for a lease extension? It has 54 years unexpired...
  • I want to acquire a leasehold property and lease extension. The owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am the owner of a maisonnette together with the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I own a ground floor flat in Pentre. I am looking to extend lease on the property. It is approximately eighty one years. I would just like to know what your charges are and how long the process takes.
  • I am looking to either purchase the freehold or a lease extension of my property in Pentre and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Santander to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £25.00 per annum to £125 per annum.
  • We have a leasehold flat in Pentre with sixety nine years remaining. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 16k. We have now decided to go ahead but do we now have to renegotiate?
  • My partner and I have owned a leasehold flat for about fifteen years. There are 77 years remaining on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
  • I am hoping to extend the lease on my garden flat in Pentre I am looking for help to verify the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • Me and my sister have been in discussion with our freeholder after having a valuation on our maisonette in Pentre. We have a 71 year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • We are in the throws of buying a flat (a studio flat based inPentre with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years unexpired. We came across a apartment we liked and the selling agent assured that the lease term was not an issue. Today our told us the lease only has 66 years and therefore needs a lease extension. Should we walk away, or do we reduce our offer?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Pentre