Penylan Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Penylan Lease Extensions
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 62 years remaining.
We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not required. 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 the house being ours. Any feedback would be much appreciated.
Do you only undertake lease extensions in Penylan? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a conveyancing practitioners.
I am the owner of a maisonnette and the freehold of both flats. The owners of the upstairs flat have asked for a lease extension what do I need to do?
I plan on buying a flat based in Penylan. My offer is conditional upon a lease extension. The homeowner’s lawyers has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender TSB. Moreover, which are the following lease extension steps to complete the purchase?
We are selling our three bed flat in Penylan but we may need a lease extension, or at least cover the expense of our purchaser. Are you able to suggest a conveyancing practitioners to assist?
I'm considering purchasing a three bed flat (leasehold) but the landlord has been missing for about 15yrs. I wonder whether it will be cheaper to try to purchase the reversionary title or to extend lease and apply for right to manage?
I am a first time buyer of a leasehold flat in Penylan. The lease has only 79 years residual lease term and ground rent is £50. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the buyer on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.
I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 66 years. I need a conveyancing practitioners at my end. Can you advise please? I live near Penylan and have a mortgage with TSB.
Me and my husband are purchasing a garden flat in Penylan which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our conveyancing practitioners to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must be patient pending registration of the new lease?