Frequently asked questions relating to St Fagans Lease Extensions

  • I’m just looking for a a property to purchase in the St Fagans area and was enquiring how much would it cost for a lease extension? It has sixety five years as a balance left...
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • We hope to sell our GFF in St Fagans but we may need to extend the lease, or at least cover the expense of our purchaser. Can you recommend a to handle this?
  • I am looking into the costs of carrying out a lease extension for my three bed flat in St Fagans, and would like some figures on that.
  • I am looking to either purchase the freehold or a lease extension of my property in St Fagans and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Bank of Scotland to free up equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1981 and since then the ground rent has increased from £15.00 per year to £300 per year.
  • I am the owner of a purpose-built flat based in a large block in St Fagans. The leasehold interest in the flat on a 101 year lease which commenced from 30th March 1969 with a fixed ground rent of £25 per annum. I would like to obtain a lease extension. Can I call someone to go through my options please?
  • Me and my partner would like to know the cost of a lease extension valuation for a property based in St Fagans. Would you be able to help?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my maisonette in St Fagans
  • I'm looking at buying a flat in St Fagans valued at £210,000 the flat has approaching fivety five years left on the lease. My offer was conditional upon the lease being extended... .. that was back in August, hoping I'd have moved in before now. The owner has just informed the agent that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my 2 bed flat in St Fagans

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