Frequently asked questions relating to Fforestfach Lease Extensions

  • Me and my partner are seeking a lease extension for our leasehold house located in Fforestfach and we are confused by the letter that we received from our landlord company. How long will it take?
  • 20,000 agreed with the landlord’s agents, just attempting to find a Fforestfach for a lease extension. Our flat has nearly sixety two yrsunexpired lease. How long will this take ?
  • We have just acquired a maisonette located inFforestfach and I'm considering a lease extension as soon as possible e.g. after two years
  • Hi, I stumbled upon this site. I'm looking for prices on what a lease extension will cost for a garden flat based in Fforestfach. It's up for sale at the moment but has nearly seventy one years of unexpired leasehold
  • I inherited a garden flat in Fforestfach. I am looking to extend lease on the property. It is circa eighty years. I would just like to know what your charges are and how long the process takes.
  • I am considering whether to purchase the freehold or a lease extension of my property in Fforestfach and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Bank of Scotland to release of equity. My 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 1979 and since then the ground rent has been raised from £25.00 per year to £300 per annum.
  • I'm looking for an apartment to buy in Fforestfach and I'm not really familiar with the leasehold concept. I've identified a maisonette I like with a 82 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I anticipate any issue with the mortgage?
  • My fiance and I are proceeding with buying a 2 bed flat in Fforestfach. I was informed that the lease had been extended (75 years remaining prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The vendor apparently has a quote but no money to extend as a result the owner wants to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • My and my husband are worried about obtaining a lease extension from an objectionable landlord. Even though the legal procedures were followed under the 1993 Act, the landlord still attempted to charge ground rent of £250 doubling every twenty five years of the new lease. Can you help?
  • I am currently negotiating a lease extension for my flat in Fforestfach 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?

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