Questions and Answers: Penyffordd Lease Extensions

  • We agreed with the landlord for a lease extension on our flat based in Penyffordd, 7.5k for a further 90yrs. How long is the process ?
  • 35k agreed with the freeholder, just trying to find a Penyffordd conveyancers for a lease extension. Our lease has about seventy four yearsremaining. Can you please help us with this situation ?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Penyffordd, and would like some figures on that.
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Penyffordd and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Accord Mortgages Ltd to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease began in 1972 and since then the ground rent has increased from £38.00 per annum to £300 per annum.
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a studio flat in Penyffordd, where the lease is around 79 years but she was informed by the selling agents that the flat owner had extended it to 99 years. She has now been told the vendor was holding off for her to instruct solicitors prior to commencing with the lease extension. Seems devious, also it will take a while to sort it all out. What do you think?
  • My mortgage provider is requesting several hundred pounds for their solicitors to approve the lease extension deed for my flat in Penyffordd... I can find no reference of this in my mortgage literature... is this a normal charge?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 67 years. I need a conveyancers at my end. Can you advise please? I live near Penyffordd and have a mortgage with Skipton Building Society.
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Penyffordd. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I am the registered freeholder to two flats. Someone has the lease on the garden flat in Penyffordd. I reside in the top flat. I was looking at the title deeds last night when I noticed that my flat has a lease on it. There is 67 years left. If I want a lease extension then would I simply be paying for the lawyers fees?
  • I have 78 years remaining on my lease of a ground floor flat in Penyffordd, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Penyffordd

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