Frequently asked questions relating to Port Talbot Lease Extensions

  • My name´s Andrew. I’m property hunting in Port Talbot I'm considering offering on a garden flat online, with circa 61 years unexpired lease, how much will it likely cost to extend in this area by, say, twenty years?
  • I am looking to extend the lease on my studio flat in Port Talbot which will have sixety three years unexpired lease in June. What fees are applicable?
  • I inherited a garden flat in Port Talbot. The lease commenced in 1997 for 99 years. Now I am wanting for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I'm considering purchasing a garden flat (leasehold) but the landlord has been absent for around 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to get a lease extension and apply for RTM?
  • My co-lessees and I are in a building made up four flats in Port Talbot and have been offered to buy the freehold for £5000 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?
  • I am concerned that my niece is being hoodwinked. She put in an offer on a studio flat in Port Talbot, where the lease is circa 71 years but she was told by the selling agents that the seller had extended it to 125 years. Only now has she been advised the homeowner was waiting for her to retain solicitors ahead of instigating the lease extension. Seems devious, also it could take a while to sort it all out. Am I being too sceptical?
  • My (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?
  • My brother has a share of freehold, with two other leaseholders in a building in Port Talbot. House split into three apartments. He has a lease, which has around 60 years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the garden flat in Port Talbot. I live in the upper flat. I was looking at the title deeds yesterday when I noticed that my flat is leasehold. There is fivety six years balance left. If I want to do a lease extension then would I simply be paying for the charges?
  • We currently own a ground floor flat in Port Talbot and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety three years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?

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