Recently asked questions relating to Morriston Lease Extensions

  • I am looking for lease extension for our two bed flat based in Morriston and we don't fully understand the letter that we got from our landlord company. How long will it take?
  • My wife has an apartment based in Morriston which we have just put on the market. The leasehold has about seventy six years residual lease term on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Thank you.
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 928 years residual lease term so a lease extension is not required. 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 information would be much appreciated.
  • I'm looking for an apartment to purchase in Morriston and I'm not really familiar with the leasehold title. I've found a maisonette I like with a 87 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Is this a given?
  • My nephew has a share of freehold, with two other leaseholders in a building in Morriston. House divided into three apartments. He has a lease, which has around seventy eight yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to acquire in Morriston. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
  • It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost including vat and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Morriston
  • I am currently in the process of remortgaging my garden flat in Morriston and the next lender that I am looking to switch to requires at least 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around seventy four years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • I have seventy five years remaining on my lease of a ground floor flat in Morriston, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my 2 bed flat in Morriston

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