Gower Lease Extensions: Q and A’s

  • We have just bought a one bedroom apartment based inGower and I'm considering a lease extension as soon as possible e.g. in a couple of years
  • I invested in buying a one bedroom apartment in Gower. The start date for the lease was in 1991 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • My co-lessees and I are in a building of three flats in Gower and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Think I may have made an error, I am actually looking for a in Gower who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • What will I need to spend and what is the best way to start the lease extension process? I have nearly 77 years outstanding on my lease on a one bedroom apartment in Gower. I have contacted the managing agents who represent the head landlord and they sent me the number for the valuer. I have contacted the surveyor but I am not getting any returned calls.
  • My mortgage lender requires several hundred pounds for their to approve the lease extension deed for my flat in Gower... I am unable to find any reference of this in my mortgage booklet... is this a usual charge?
  • We would like to know the cost of a lease extension valuation for a property based in Gower. Is this something you can assist us with?
  • I am the freeholder of a property in Gower where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has upped this to £10,000 without too much effort. My surveyor has put forward a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • Do you handle lease extensions on land? (a plot of land in Gower with 82yrs remaining)
  • We have a studio flat in Gower with a lease of sixety three years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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