FAQs concerning St Davids Lease Extensions

  • I have contacted my freeholder for a lease extension for my flat in St Davids. His solicitors has been in contact regarding charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started December 1985.
  • I wondered if you could help me on how much it would charges and the optimum way to start the lease extension process? I have nearon sixety one years left and I own a three bedroom first floor purpose built flat in St Davids.
  • I am concerned that my niece might be having the wool pulled over her eyes. She put in an offer on a three bedroom first floor purpose built maisonette in St Davids, where the lease is circa fivety five years but she was advised by the estate agents that the homeowner had extended it to 99 years. She has now been informed the homeowner was holding off for her to retain lawyers before commencing with the lease extension. Sounds devious, also it may take months to sort it all out. What do you think?
  • We have a ground floor flat in St Davids with sixety two years left. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 16k. We have now decided to go ahead but do we now have to start the negotiations again?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 55 years. I need a property lawyers at my end. Can you advise please? I live near St Davids and have a mortgage with Aldermore.
  • Me and my husband have been in discussion with our freeholder after having a valuation on our ground floor flat in St Davids. We have a 69 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I'm hoping for some help with regard to a lease extension on my maisonette. The plan is to do this sometime next year as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I have sixety years remaining on my lease of a ground floor flat in St Davids, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I am currently negotiating a lease extension for my flat in St Davids as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • Other Topics

    Lease Extensions in St Davids

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