Frequently asked questions relating to Swansea East Lease Extensions

  • I'm deliberating over buying a garden flat (leasehold) but the freeholder has been missing for about 15yrs. My question is would it be cheaper to try to purchase the reversionary title or to extend lease and apply for right to manage?
  • My neighbours and I are in a building consisting of three flats in Swansea East and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • We invested in buying a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Swansea East and looking to do a vesting order. Is this something you can do for us?
  • Ref a property in Swansea East. GFF maisonette. fivety seven yrs remaining. I have an agreed lease extension to £12,000 for 135yrs. Landlord also requested Notice of Claim which I think is a bit over the top. Advice required.
  • I an interested in finding out more about purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Swansea East area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I'm living with my mum and dad but have a garden flat in Swansea East let out which has a 58 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 Swansea East 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 21k. Should I keep or sell the flat?
  • I'm hoping for some assistance with regard to a lease extension on my flat. I'll be looking to do this next winter 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 LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • We currently own a one bedroom apartment in Swansea East 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 70 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. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Swansea East
  • I'm looking for some advice with regard to a lease extension on my garden flat in Swansea East. I'll be looking to do this sometime next year as we need to move at some point 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Swansea East

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