FAQs concerning Penylan Lease Extensions

  • I bought a flat in Penylan with a leasehold unexpired circa 69 years and need a lease extension. Please can you advise me of the next stages
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 928 years balance left so a lease extension is not a worry. 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 true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any feedback would be much appreciated.
  • I am looking for a solicitors in Penylan and they should be on the Bank of Scotland approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
  • I inherited a garden flat in Penylan. I am looking for a lease extension on the property. It is nearon eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • My leasehold flat in Penylan is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,fifty years
  • Me and my partner would like to know the cost of a lease extension valuation for a property based in Penylan. Is this something you can help us with?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • Hi I am the freeholder title in a 2 bedroom flat in Penylan. The leaseholder has a 70 year lease and would like to purchase an additional 125 years. He is offering me £21,000 but I am not sure if this is a correct amount
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Penylan for a one bed flat - sec 42 is already in place?
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Penylan. I live in the upper flat. I was looking at the title deeds today when I noticed that my flat is leasehold. There is 65 years remaining. Can one do a lease extension without using a property lawyers?
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    Lease Extensions in Penylan

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