Whitland Lease Extensions Example Support Desk Enquiries

  • Hi, I stumbled across this website. I'm seeking prices on what a lease extension will cost for a maisonette based in Whitland. It's up for sale at the moment but has around 63 years unexpired lease on the lease
  • I acquired a one bed flat in Whitland with a leasehold unexpired of 73 years. I am wondering about what I will need to spend to extend my lease
  • I inherited a two bedroom second floor purpose built maisonette in Whitland. I am looking to extend lease on the property. It is just over eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • I am looking to either purchase the freehold or a lease extension of my property in Whitland and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Barclays Direct to free up equity. My adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease began in 1981 and since then the ground rent has been raised from £25.00 per annum to £125 per annum.
  • I am about to view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has fivety five years remaining on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • Me and my OH had entered into buying a ground floor flat in Whitland. I was assured that the lease had been lengthened (seventy seven years remaining prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The vendor apparently has a quote but no money to extend as a result the owner wants to exchange and use the 10% deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 63 years. I need a at my end. Can you advise please? I live near Whitland and have a mortgage with Bank of Ireland.
  • I own the freehold of a 2 bedroom flat in Whitland. The leaseholders have seventy two years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • I have 73 years remaining on my lease of a ground floor flat in Whitland, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Whitland