Common questions relating to Abersoch Lease Extensions

  • We agreed with the head landlord to a lease extension on our flat in Abersoch, 18.5k for an extension by 90yrs. How long will it take ?
  • We have just completed on a garden flat inAbersoch and I'm deliberating extending the lease as soon as practicable e.g. in 24 months of ownership
  • Hi, I just randomly found this website. I'm seeking prices on what a lease extension will cost for a maisonette located in Abersoch. It's on sale at the moment but has nearly sixety one years left on the lease
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I have been in touch with my freeholder for a lease extension for my flat in Abersoch. His has been in contact with fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started July 1994.
  • I acquired a one bedroom ground floor purpose built maisonette in Abersoch. The start date for the lease was in 1997 for 99 years. Now I am looking to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Abersoch, and would like some figures on that.
  • I have a share of the freehold. There are four apartments in the house. All the leaseholders are now looking for lease extensions. What's your solicitors fee?
  • I am looking to buy a one bed flat in Abersoch for asking price of 125k, which has fivety seven years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am currently negotiating a lease extension for my flat in Abersoch 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?

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