FAQs concerning Bala Lease Extensions

  • I’m about to offer on a one bedroom ground floor purpose built flat to buy in the Bala area and was interested in finding out what the likely fees would be to extend a lease? It has fivety eight years as a balance left...
  • I am looking to extend the lease on my garden flat in Bala which will have 78 years remaining in August. What fees do you charge for this?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Bala and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Platform Home Loans Ltd to release of equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease began in 1972 and since then the ground rent has increased from £15.00 per annum to £125 per year.
  • I'm looking for a flat to buy in Bala and I'm not really familiar with the leasehold tenure. I've identified a place I like with a 82 years lease. My research reveals that I can get a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Britannia?
  • We are considering purchasing a garden flat in Bala which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I own a purpose-built apartment based in a small development in Bala. The leasehold interest in the flat on a ninety five year lease which commenced from 11th August 1980 with a fixed yearly rent of 45. I would like to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • I an interested in finding out more about purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Bala area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Bala. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the garden area.
  • I'm looking at buying a flat in Bala at a price of £256,000 the flat has something like fivety five years unexpired on the lease. My offer was subject to the lease being renewed... .. that was back in September, hoping I'd have completed by now. The owner has just informed the agent they'll knock £5k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • Do you handle lease extensions on land? (a plot of land in Bala with 82yrs remaining)
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    Lease Extensions in Bala

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