Swansea City Lease Extensions Example Support Desk Enquiries

  • My wife has a flat based in Swansea City which we are about to put on the market. The leasehold has roughly fivety eight years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I'm thinking of buying a maisonette (leasehold) but the landlord has been absent for nearly 15yrs. My question is would it be less expensive to try to acquire the freehold or to extend lease and apply for right to manage?
  • I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Swansea City, where the lease is slightly more 62 years but she was told by the estate agents that the homeowner had extended it to 99 years. Only now has she been told the seller was holding off for her to instruct conveyancers prior to commencing with the lease extension. Sounds unscrupulous, also it will take time to sort it all out. What do you think?
  • My mortgage provider is requesting several hundred pounds for their to approve the lease extension deed for my flat in Swansea City... I am unable to find any mention of this in my mortgage guide... is this a usual fee to pay?
  • My wife and I have a one bedroom flat in Swansea City. There is 81 years to run on the lease and we want to extend the lease. How much does it cost on average to get a lease extension by, say,ninety years
  • My partner and I are considering purchasing a garden flat in Swansea City which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I am looking to buy a one bed flat in Swansea City for asking price of 125k, which has 59 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • Coming up to 2 years that I have been in my garden flat in Swansea City. I have 71 yrs remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • Me and my husband have been in discussion with our freeholder after having a valuation on our three bed flat in Swansea City. We have a seventy nine year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • We currently own a garden flat in Swansea City 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 75 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?

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