Questions and Answers: Porthcawl Lease Extensions

  • I inherited a maisonette in Porthcawl that I am now unable to sell as a result of the lease requiring a lease extension. How long will it take ?
  • I purchased a flat in Porthcawl with a leasehold unexpired nearon fivety seven years and need to extend it. Please can you advise me of the next steps
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has seventy eight years left.
  • I need to talk to you about a flat in Porthcawl, I am thinking of bidding at auction next month. The flat has a short lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I'm looking for a flat to buy in Porthcawl and I'm not really familiar with the leasehold concept. I've identified a place I like with a 91 years lease. I've read that I can get a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • We would like to extend our lease having owned the flat for 2 years as of 22nd March 2016. It has nearon 57 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • I am planning to extend the lease on my maisonette in Porthcawl I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I note that your website states the likely fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Porthcawl
  • I am the registered freeholder to two flats. Someone has the lease on the garden flat in Porthcawl. I occupy in the upper flat. I was reviewing the land registry documents recently when I noticed that my flat is leasehold. There is 73 years left. Can one carry out a lease extension without instructing a ?

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