Sample questions relating to Bala Lease Extensions
My name´s Oscar. I’m property hunting in Bala I'm considering offering on a garden flat online, with around 60 years unexpired lease, how much will it likely cost to extend in this location by, say, ninety years?
I'm wanting to make an offer on a house in Bala but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect National Westminster Bank giving us the mortgage now?
I have contacted my freeholder to extend my lease for my flat in Bala. Her has been in contact regarding costs etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started December 1984.
We are selling our garden flat in Bala but we may need to extend the lease, or at least cover the expense of our buyers. Are you able to recommend a to undertake the legal formalities?
I am about to view a one bedroom apartment, although not exactly my dream 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 seventy three years unexpired on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
I am thinking about buying an auction property and found a one bed flat in Bala. It only has a 50 year lease..the vendor being mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Lloyds TSB Bank?
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I commence the process, is this correct?
I would like some advice on 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 Bala area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
I have a leasehold property in Bala with 63 years unexpired on the lease. I need a to help me obtain a lease extension. Can you assist?
I require an estimate to extend my mum’s lease on a 2 bed flat in Bala. She recently got a price from the landlord for a lease extension but I am not sure it is reasonable.
Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bala