FAQs concerning St Fagans Lease Extensions

  • We have just purchased a studio flat located inSt Fagans and I'm considering extending the lease as soon as possible e.g. in 24 months of ownership
  • I have got a leasehold flat in the St Fagans area and was wondering if I could obtain a lease extension. What are your processes and fees. There are 61 years residual lease term
  • I am considering investing in a second home but it has a lease that expires in twenty years. Its in St Fagans - I wanted to see if with your services this could be extended?
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 899 years remaining so a lease extension is not an issue. 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 25 years without the house being ours. Any guidance would be much appreciated.
  • I plan on buying a flat in St Fagans. My offer is subject to the lease extension. The seller’s 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 Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • Think I may have made a mistake, I am seeking a in St Fagans who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • I own a maisonette in St Fagans. I am looking to extend lease on the property. It is nearing 80 years. I would just like to know what your charges are and how long the process takes.
  • In 2012 I purchased a leasehold flat in St Fagans. I have built a huge extension and have not informed my leaseholder. What are my options?
  • I own a purpose-built flat in a large development in St Fagans. The leasehold interest in the flat on a 101 year lease which commenced on 30th October 1970 with a fixed yearly rent of 20. I wish to obtain a lease extension. Is it possible for me to call someone to go through my options please?
  • 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?

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