FAQs concerning Morriston Lease Extensions

  • I’m about to offer on a a property to buy in the Morriston area and was enquiring how much would it cost for a lease extension? It has 57 years remaining...
  • I'm about to make an offer on a house in Morriston but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Nottingham Building Society giving us the mortgage now?
  • I am looking to buy a ground floor flat in Morriston with a lease of seventy eight years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I'm looking for an apartment to buy in Morriston and I'm not really familiar with the leasehold arrangement. I've found a maisonette I like with a 87 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with the mortgage?
  • Regarding a leasehold in Morriston. upper maisonette. 76 yrs unexpired. I have an agreed lease extension to £20k for 115yrs. Freeholder also requested Notice of Claim which I think should not be necessary. Advice required.
  • My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • We would like to know the cost of a lease extension valuation for a property based in Morriston. Would you be able to help?
  • We have been in discussion with our freeholder after having a valuation on our ground floor flat in Morriston. We have a fivety nine year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he 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 lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I have sixety six years remaining on my lease of a ground floor flat in Morriston, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I have a lease of fivety five years remaining on my flat in Morriston. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Morriston

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