Frequently asked questions relating to Dunvant Lease Extensions

  • I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Dunvant - I wanted to see if with your services it is possible for this to be extended?
  • 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?
  • I'm planning on purchasing a three bed flat (leasehold) but the landlord has been absent for circa 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to get a lease extension and apply for RTM?
  • I need to talk to you about a flat in Dunvant, I am thinking of bidding at auction next month. The flat only has a few years outstanding and I am curious about what it would cost to get a lease extension and for your services.
  • I will soon view a one bedroom apartment, although not exactly my dream 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 54 years left on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage provider requires several hundred pounds for their to agree a lease extension for my flat in Dunvant... I am unable to find any mention of this in my mortgage guide... is this a standard cost that they charge?
  • My flat in Dunvant is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. What does it cost on average to extend in this location by, say,45 years
  • We have been in discussion with our freeholder after having a valuation on our ground floor flat in Dunvant. We have a sixety one year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • My fiance and I are are hoping to complete on a three bedroom first floor purpose built maisonette in Dunvant which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
  • We are in the throws of buying a property (a studio flat located inDunvant with share of freehold). During our search, we were always looking at properties that had a minimum ninety years outstanding. We found a flat we fell in love with and the selling agent assured that the lease term was not an issue. Yesterday our advised us the lease only has sixety eight years and therefore needs a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Dunvant