Top Ten Questions relating to Penyffordd Lease Extensions

  • So this is the scenario: I purchased a garden flat in Penyffordd that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?
  • I am interested in getting a lease extension for a flat in Penyffordd and want to use a local . Are you able to help me find a ?
  • I'm wanting to make an offer on a house in Penyffordd but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Ireland giving us the mortgage now?
  • Think I may have made a mistake, I am searching for a in Penyffordd who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • I am a FTB of a leasehold flat in Penyffordd. The lease has just 57 years unexpired and ground rent is £75. Is it possible for the seller to serve the Section 42 Notice and then assign this right to me as the buyer once I complete the buying process so that I don't have to wait 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 achievable but will it be very time consuming to the seller? Unfortunately the landlord is absent, so I am not sure how does it work.
  • We would like to extend our lease having owned the apartment for two years as of 6th Feb 2015. It has around sixety four years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
  • Me and my husband have owned a leasehold flat for around twenty years. There are 72 years unexpired lease on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
  • I'm intent on acquiring a flat in Penyffordd valued at £256,000 the flat has approximately sixety eight years left on the lease. My offer was subject to the lease being renewed... .. that was back in September, expecting I'd be in by Christmas. They have just informed the agent that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • We are in the throws of buying a flat (a one bedroom apartment based inPenyffordd with share of freehold). Throughout our search, we were always looking at flats that had a minimum eighty five years left. We found a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. Today our informed us the lease only has sixety two years and thus requires a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • Do you handle lease extensions on land? (a plot of land in Penyffordd with 82yrs remaining)

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