Tongwynlais Lease Extensions: Q and A’s

  • My name´s Eliot. I’m house hunting in Tongwynlais I'm considering offering on a ground floor flat online, with nearon 76 years remaining, how much does it cost on average to get a lease extension by, say, fifty years?
  • I’m about to offer on a three bed apartment to buy in the Tongwynlais area and was interested in finding out how much would it cost to extend a lease? It has 74 years unexpired...
  • I invested in buying a flat in Tongwynlais with a leasehold unexpired around seventy seven years and need a lease extension. Please can you clarify the next steps
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not a concern. 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 owning the property. Any advice would be much appreciated.
  • Possibly made a mistake, I am seeking a conveyancers in Tongwynlais who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
  • I am looking to either purchase the freehold or a lease extension of my property in Tongwynlais and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Clydesdale to free up equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease began in 1979 and since then the ground rent has been raised from £38.00 per year to £100 per annum.
  • Ref a property in Tongwynlais. GFF maisonette. 79 yrs unexpired. I have an agreed lease extension to £12,000 for 115yrs. Freeholder also requested Notice of Claim which I think should not be necessary. Advice required.
  • My apartment in Tongwynlais is up for sale and I have a hopefully firm offer. There is 79 years to run on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,thirty years
  • I own a share of the freehold. There are four apartments in the building. All the leaseholders are now requiring lease extensions. Are you willing to assist us with this situation?
  • I am planning on remortgaging my studio flat in Tongwynlais and the mortgage company that I am looking to switch to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around sixety eight years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
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    Lease Extensions in Tongwynlais

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