FAQs concerning Penylan Lease Extensions

  • My wife has an apartment located in Penylan which we are about to put on the market. The leasehold has slightly more than seventy one years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I am considering investing in a second home but it has a lease that expires in 14 years. Its in Penylan - I wanted to see if with your services it is possible for this to be extended?
  • I want to acquire a leasehold property and extend the lease. The owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • The terms for the lease on my flat in Penylan are 95 years from 14 Sep 1990. Please give me a quote to extend the lease if I give you more information please?
  • We own a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Penylan and looking to do a vesting order. Is this something you can do for us?
  • I will soon view a one bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has fivety six years unexpired on the lease. It is also a repossession so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a garden flat in Penylan, where the lease is about seventy three years but she was advised by the estate agents that the seller had extended it to 99 years. Only now has she been informed the owner was holding off for her to appoint lawyers ahead of instigating the lease extension. Sounds odd to me, also it will take time to sort it all out. Am I reading too much into it?
  • 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?
  • My dad has a share of freehold, with two other leaseholders in a building in Penylan. House divided into three flats. He has a lease, which has just under 63 years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?

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