Swansea City Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Swansea City Lease Extensions
My name´s Owen. I’m house hunting in Swansea City I'm deliberating offering on a one bedroom first floor purpose built flat online, with around 62 years outstanding, how much will it likely cost to extend in this location by, say, thirty years?
I am considering investing in a holiday home but it has a lease that expires in 14 years. Its in Swansea City - I wanted to see if with your services this could be extended?
I am the registered owner of a one bedroom apartment in Swansea City. The lease started in 1997 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
How much will I need to spend and what is the best way to start the lease extension process? I have around 67 years unexpired lease on my lease on a garden flat in Swansea City. I have contacted the managing agents who represent the freeholder and they provided me with the number for the valuer. I telephone the surveyor but I am not getting any calls back.
I have a share of the freehold. There are four apartments in the building. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?
Even though I may not need a lease extension but I do need a vesting order on a property I want to purchase in Swansea City. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the garden area.
I own the freehold reversion of a property in Swansea City where the leaseholder would like a lease extension. Her valuer has provided a figure of £9,000, but has increased this by £2,000 without too much effort. My surveyor has put forward a much higher figure. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to face?
My and my husband know that others in the same building previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on previous prices . This would save on double valuation fees. Is this advisable?
We currently own a three bed 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 seventy nine 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? Do I contact the landlord first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Swansea City as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?