Frequently asked questions relating to Mumbles Lease Extensions

  • Hello, I just randomly found your website. I'm looking for prices on what a lease extension will cost for a a property in Mumbles. It's up for sale at the moment but has around fivety six years left on the lease
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has sixety years unexpired.
  • I own a maisonnette together with the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
  • I am going to purchase a flat in Mumbles. My offer is conditional upon a lease extension. The owner’s solicitors has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender National Westminster Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • Possibly made an error, I am actually looking for a property lawyers in Mumbles who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • Offer accepted on a a garden flat in Mumbles, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.We are about to exchange contracts within a week. My question is why has this only just come to my attention by my conveyancers?
  • I'm living with my parents but have a maisonette in Mumbles let out which has a 63 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Mumbles for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • I do not need a lease extension but I do need a vesting order on a property I want to purchase in Mumbles. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • I am concerned about getting a lease extension from a difficult freeholder. Notwithstanding that the correct procedures were followed under the appropriate legislation, the freeholder still attempted to get ground rent of £200 increasing by 100% every twenty five years of the new term. Can you help?
  • I have a lease of 57 years remaining on my flat in Mumbles. 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 Mumbles

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