Questions and Answers: Barmouth Lease Extensions

  • 20,000 agreed with the landlord, just seeking to find a Barmouth for a lease extension. Our lease has around seventy three yrsunexpired lease. Are you willing to help us with this situation ?
  • I am looking to extend the lease on my one bed apartment in Barmouth which will have 64 years outstanding in August. What fees are applicable?
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years residual lease term so a lease extension is not a worry. 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 feedback would be much appreciated.
  • I am looking for a in Barmouth and they should be on the Bank of Ireland approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?
  • We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Barmouth and are therefore thinking about the option of a vesting order. Is this something you can do for us?
  • My mortgage provider requires a £450 fee for their to agree a lease extension for my flat in Barmouth... I am unable to find any mention of this in my mortgage contract... is this a usual fee to pay?
  • My leasehold flat in Barmouth is up for sale and I have a hopefully firm offer. There is 79 years unexpired on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,ninety years
  • I am the freeholder of a property in Barmouth where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • I know that others in the same block previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on previous prices . This would save on double valuation fees. Is this advisable?
  • I am currently in the process of refinancing my two bedroom ground floor purpose built maisonette in Barmouth and the bank that I am looking to move to requires a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around 64 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process

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