Top Ten Questions relating to Sketty Lease Extensions

  • I'm wanting to make an offer on a house in Sketty but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barnsley Building Society giving us the mortgage now?
  • I am looking into the costs of carrying out a lease extension for my ground floor flat in Sketty, and would like some figures on that.
  • I am a landlord of a block of flats in Sketty, and the leaseholders are in the process of being given lease extensions. I anticipate receiving the money next month. Are there any tax implications, the property is in joint names with my wife ?
  • I am hoping to extend the lease on my studio flat in Sketty I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm living at mother and father but have a garden flat in Sketty let out which has a 55 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 Sketty 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 13k. Not sure sure whether to hold on or sell the flat?
  • If a leaseholder owns a flat with a lease of less than 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 all inclusive cost excluding vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my maisonette in Sketty
  • I have a leasehold property in Sketty with 78 years unexpired on the lease. I am looking for a to help me obtain a lease extension. Can you help?
  • I'm hoping for some assistance with regard to a lease extension on my flat. I'll be looking to do this next June as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. You are able to recommend a good who specialises in lease extensions. Ideally someone in Sketty area?
  • We are concerned about obtaining a lease extension from tricky landlord. Regardless of the fact that the legal procedures were adhered to under the appropriate legislation, the landlord still tried to charge ground rent of £300 doubling every twenty years of the new term. Can you help?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Sketty