Recently asked questions relating to Pentyrch Lease Extensions

  • 40k agreed with the freeholder, just trying to find a Pentyrch for a lease extension. Our lease has approximately 55 yearsleft. Are you able to help us with this situation ?
  • I inherited a flat in Pentyrch with a leasehold unexpired approximately sixety nine years and need to extend it. Please can you advise me of the next steps
  • I am looking for a lease extension on the lease on my one bedroom apartment in Pentyrch which will have 60 years unexpired lease in September. What fees apply?
  • I have got a leasehold flat in the Pentyrch area and was enquiring whether I could obtain a lease extension. What are your processes and fees. Has sixety six years balance left
  • I'm considering purchasing a garden flat (leasehold) but the freeholder has been missing for approximately 15yrs. My query is would it be less expensive to try to purchase the reversionary title or to get a lease extension and apply for right to manage?
  • I am a first time buyer of a leasehold flat in Pentyrch. The lease has only 59 years outstanding and ground rent is £25. Is it possible for the seller to serve the Initial Notice and then assign over the right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the flat owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.
  • I am considering bidding for an auction property and came upon a studio flat in Pentyrch. It only has a fifty year lease..the seller as mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Santander?
  • Offer accepted on a a three bed flat in Pentyrch, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are about to exchange contracts within a week. My query is Should I tell the owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • Me and my OH are are hoping to complete on a studio flat in Pentyrch which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our 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 it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to be patient pending registration of the new lease?
  • I am currently in the process of refinancing my one bedroom apartment in Pentyrch and the bank that I am looking to switch to requires a minimum 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around fivety eight years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Pentyrch