FAQs concerning Pentwyn Lease Extensions

  • I’ve just completed on a garden flat inPentwyn and I'm deliberating a lease extension as soon as possible e.g. in 24 months of ownership
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Pentwyn, and my lease will reach 72 years this December. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • The intention is to sell our garden flat in Pentwyn but we may require a lease extension, or at least cover the costs of our buyers. Can you recommend a to undertake the legal formalities?
  • My neighbours and I are in a building consisting of four flats in Pentwyn and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I need to talk to you about a leasehold property in Pentwyn, I am considering bidding at auction next month. The flat only has a few years left and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • We have a first floor flat in Pentwyn with sixety eight years left. Ten months ago we were quoted a deal to receive a lease extension for another fifty years but also uplift the ground rent from nominal to £300 per annum..plus a premium I think of approximately 10k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety seven years. I need a at my end. Can you advise please? I live near Pentwyn and have a mortgage with Lloyds TSB Bank.
  • Coming up to 2 years that I have been in my maisonette in Pentwyn. I have 67 yrs remaining on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Pentwyn

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