Pentyrch Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Pentyrch Lease Extensions
Me and my fiance have just bought a 2 bed apartment inPentyrch and I'm considering extending the lease as soon as practicable e.g. in 24 months of ownership
I invested in buying a studio flat in Pentyrch that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?
We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 798 years left so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any guidance would be much appreciated.
I have contacted my freeholder to extend my lease for my flat in Pentyrch. Her solicitors has been in contact with charges etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started February 1984.
I have a share of the freehold. There are three apartments in the block. All the leaseholders are now seeking lease extensions. What's your solicitors fee?
We are looking to extend our lease. We will have been in the flat for 2 years as of 11th April 2016. It has approximately fivety four years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.
Me and my OH had entered into a purchase of a garden flat in Pentyrch. I was advised that the lease had been lengthened (66 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The current owner supposedly has a quote but no funds to extend and consequently the vendor intends to exchange and use the 10% deposit to extend the lease. My question is why has this only just been brought to my attention by my lawyers?
My conveyancers (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?
We would like to know the cost of a lease extension valuation for a property based in Pentyrch. Would you be able to help?
My wife and I are aware that others in the same building had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Would you recommend this course of action?