Gowerton Lease Extensions

Frequently asked questions relating to Gowerton Lease Extensions

I have an interest in the freehold of buildings comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm wondering about the procedure for this

We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not an issue. 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 correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any suggestions would be much appreciated.

I would like to have my residential flat leasehold extension premium valued. The flat is in Gowerton, and my lease will reach sixety three years this Septembmer. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?

We hope to sell our GFF in Gowerton but we may need a lease extension, or possibly cover the costs of our buyers. Can you recommend a conveyancing practitioners to help us?

I'm planning on buying a studio flat (leasehold) but the freeholder has been missing for nearon 15yrs. I wonder whether it will be cheaper to try to buy the freehold or to get a lease extension and apply for right to manage?

I would like to know the likely cost and the best way to start the lease extension process? I have nearon sixety four years remaining and I own a garden flat in Gowerton.

I am thinking about purchasing an auction property and came upon a studio flat in Gowerton. It has just fifty-one year lease..the current owner as mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and decreased chance of getting a mortgage with Norwich and Peterborough Building Society?

We have a one bedroom flat based in Gowerton. There is 80 years remaining on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,fifty years

I am looking to buy a one bed flat in Gowerton for asking price of 125k, which has 68 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Gowerton

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