Frequently asked questions relating to Dunvant Lease Extensions

  • My partner and I have just purchased a garden flat based inDunvant and I'm considering a lease extension as soon as possible e.g. after 24 months of ownership
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 79 years residual lease term.
  • I am looking into the costs of carrying out a lease extension for my one bed flat in Dunvant, and would like some figures on that.
  • I am looking at bidding for an auction property and found a studio flat in Dunvant. It has just fifty-one year lease..the vendor as mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with HSBC Bank?
  • My husband and I have a first floor flat in Dunvant with 55 years unexpired. Last year we were quoted a deal to grant a lease extension for another fifty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 10k. Finally we have decided to proceed but do we now have to renegotiate?
  • I am planning to extend the lease on my ground floor flat in Dunvant I am looking for help to verify the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm living at mother and father but have a ground floor flat in Dunvant let out which has a fivety eight 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 Dunvant 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 21k. Should I keep or sell the flat?
  • I own the freehold of a 2 bedroom flat in Dunvant. The leaseholders have 73 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • I am planning on refinancing my maisonette in Dunvant and the bank that I am looking to switch to needs a minimum 80 years remaining on the lease in order for them to progress matters. I have found that I currently have around 61 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • I'm looking for some advice with regard to a lease extension on my three bedroom second floor purpose built flat in Dunvant. I'll be looking to do this sometime next year as we need to move at some point 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Dunvant