Sample questions relating to Reynoldston Lease Extensions

  • My fiance and I are looking for lease extension for our apartment based in Reynoldston and we don't fully understand the letter that we received from our landlord company. Are you able to help us with this situation?
  • So this is the scenario: I bought a one bedroom apartment in Reynoldston that I am finding difficult to sell as a result of the lease requiring a lease extension. How long will it take ?
  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years balance left so a lease extension is not an issue. 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
  • I am looking for a conveyancers in Reynoldston and they need to be on the Accord Mortgages Ltd approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a lawyers ?
  • I'm considering buying a garden flat (leasehold) but the freeholder has been absent for around 15yrs. My query is would it be cheaper to try to buy the reversionary title or to extend lease and apply for right to manage?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Reynoldston, and would like some figures on that.
  • I am concerned that my niece is being hoodwinked. She submitted an offer on a maisonette in Reynoldston, where the lease is nearly 65 years but she was told by the selling agents that the seller had extended it to 125 years. She has now been told the current owner was holding off for her to instruct conveyancers ahead of instigating the lease extension. Sounds unscrupulous, also it could take months to sort it all out. Am I being too sceptical?
  • My mortgage lender requires a £450 fee for their property lawyers to approve the lease extension deed for my flat in Reynoldston... I can find no mention of this in my mortgage booklet... is this a standard cost that they charge?
  • I am looking at bidding for an auction property and found a studio flat in Reynoldston. It only has a 50 year lease..the seller as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Bank of Ireland?
  • My nephew has a share of freehold, with two other leaseholders in a building in Reynoldston. House divided into three flats. He has a lease, which has slightly less than seventy yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
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    Lease Extensions in Reynoldston

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