Clydach Lease Extensions: Q and A’s

  • 40k agreed with the landlord’s agents, just seeking to find a Clydach solicitors for a lease extension. Our lease has around fivety four yrsunexpired lease. How long will this take ?
  • My wife has an apartment in Clydach which we have just put on the market. The leasehold has circa 56 years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in Clydach - 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 discovered that it is leasehold. There are 899 years balance left so a lease extension is not a worry. 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any feedback would be much appreciated.
  • I am about to view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 75 years outstanding on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • My fiance and I are considering purchasing a one bed flat in Clydach which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • I'm living with my mother and father but have a three bedroom first floor purpose built flat in Clydach let out which has a 74 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Clydach for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • Hello I am the freeholder reversion in a one bedroom flat in Clydach. The leaseholder has a 57 year lease and would like to purchase further 90 years. She is offering me £27,000 but I am not sure if this is in the right ballpark
  • I'm looking at purchasing an apartment in Clydach valued at £256,000 the flat has something like seventy nine years unexpired on the lease. I put in an offer subject to the lease being renewed... .. that was back in August, hoping I'd have moved in by now. They have just come back saying that they are prepared to knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I have 61 years remaining on my lease of a ground floor flat in Clydach, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Clydach

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