FAQs concerning Pontprennau Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leasehold owners want a lease extension and I'm enquiring about the the process
  • I need to negotiate a lease extension for a flat in Pontprennau and want to use a local lawyers. Is there a conveyancing practitioners that you can recommend?
  • I'm intending to make an offer on a house in Pontprennau 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 Clydesdale giving us the mortgage now?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Pontprennau, and my lease will reach sixety years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am going to purchase a flat based in Pontprennau. My offer is subject to the lease extension. The vendor’s property lawyers has given to the freeholder 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 Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We are in a building of three flats in Pontprennau and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Coming up to 2 years that I have owned my three bed flat in Pontprennau. I have 61 yrs remaining on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • My OH and I are are hoping to complete on a 2 bed flat in Pontprennau which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our property lawyers to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we have to wait until the new lease is registered?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Pontprennau. I occupy in the upper flat. I was reviewing the title deeds today when I noticed that my flat is leasehold. There is seventy one years remaining. Is it possible to do a lease extension without retaining a property lawyers?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Pontprennau
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    Lease Extensions in Pontprennau

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