Sample questions relating to Brynmill Lease Extensions

  • I inherited a flat in Brynmill with a leasehold unexpired roughly sixety seven years and need a lease extension. Please can you clarify the next steps
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety eight years balance left.
  • I plan on buying a flat located in Brynmill. My offer is subject to the lease extension. The seller’s has given to the freeholder the Section 42 Notice. 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 Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my apartment in Brynmill are 99 years from 14 Sep 1989. Please provide me a quote for a lease extension if I give you more details please?
  • I wondered if you could help me on how much it would expense and the optimum way to get a lease extension started? I have roughly sixety seven years outstanding and I own a studio flat in Brynmill.
  • We are in the throws of buying a flat (a one bedroom apartment located inBrynmill with share of freehold). During our search, we were always looking at flats that had a minimum 84 years unexpired. We found a apartment we liked and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has seventy six years and thus needs a lease extension. Should we walk away, or do we negotiate our offer?
  • I own the freehold of a couple of flats. Someone has the lease on the garden flat in Brynmill. I live in the top flat. I was looking at the title deeds today when I noticed that my flat has a lease on it. There is 56 years unexpired. Can one carry out a lease extension without instructing a ?
  • We currently own a one bedroom apartment in Brynmill and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 76 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Brynmill 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?
  • Do you handle lease extensions on land? (a plot of land in Brynmill with 82yrs remaining)

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